US Banking Giant Makes Huge Losses

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US Banking Giant Makes Huge Losses

18th April 2008, 11:01:AM

The world's biggest bank Citigroup has announced losses of $5.1bn for the first quarter of the year.The figure includes $6bn in write-downs following the subprime mortgage crisis.

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Tags: bank, citigroup, crisis, mortgage

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US Banking Giant Makes Huge Losses

US Banking Giant Makes Huge Losses

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