XJO 0.30% 8,099.9 s&p/asx 200

monday market mutation, page-52

  1. 3,904 Posts.
    here we go again

    CITIGROUP'S chairman and chief executive Charles Prince has retired, and the bank says it expects an additional $US5 billion to $US7 billion after-tax write-down related to subprime mortgages.

    The write-down equals $US8 billion to $US11 billion before taxes, Citigroup said.

 
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