Monday, January 14, 2008

Citigroup could write down as much as $24 billion: report


LONDON (MarketWatch) -- U.S. banking giant Citigroup (C
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could write down as much as $24 billion when it reports earnings on Tuesday, according to an unsourced report on the CNBC website. The report also said that the bank could be planning to make 20,000 layoffs and cut its dividend payment

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