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Tag: fourthquarter

Citigroup's fourth-quarter profit declines by 21% as bank sets aside more money for credit losses – CNBC

Citigroup said it had identified the cause of the flash crash and fixed the error “within minutes.” Jim Dyson | Getty Images News | Getty Images city ​​group Net income in the fourth quarter fell more than 21% year-on-year as banks secured more funds for potential credit losses. Equities were flat early in trading as […]

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