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Citi to write down $3 billion in fourth quarter: Fox-Pitt (Reuters)

Started by riky, November 19, 2008, 04:06:25 PM

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riky

Citi to write down $3 billion in fourth quarter: Fox-Pitt
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Fox-Pitt Kelton said it expects Citigroup Inc  to take net write-downs of $3 billion during the fourth quarter, and widened its loss expectation on the company for the period to reflect higher credit costs and write-downs.</p><br clear="all"/>


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