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Home : Commercial Loan : Commercial Mortgage Loan : MSN Newsfeeds : Citigroup Posts Fourth Consecutive Loss on Writedowns (Update1) - Bloomberg

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Citigroup Posts Fourth Consecutive Loss on Writedowns (Update1) - Bloomberg

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Oct. 16 (Bloomberg) -- Citigroup Inc. , the second-biggest U.S. bank by assets, reported a fourth consecutive quarterly loss after at least $13.2 billion of loan losses and securities writedowns. The third-quarter net loss was $2.8 billion, or 60 ...

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