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Citigroup to deploy $36.5 billion to boost lending (AP)

Started by riky, February 03, 2009, 06:01:05 AM

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riky

Citigroup to deploy $36.5 billion to boost lending
    (AP)

 



AP - Citigroup, under pressure to increase its lending, says it will spend $36.5 billion to issue mortgages, make credit card loans and buy mortgage-backed securities in the tight credit markets in the coming months.


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