Citigroup posts 8.29 bln dollar loss in fourth quarter

Ailing US banking giant Citigroup reported a fourth-quarter net loss of 8.29 billion dollars, or 1.72 dollars per share, wider than market expectations.

Updated on: Jan 16, 2009, 16:48:20 IST

AFP | By HT Correspondent, New York

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Ailing US banking giant Citigroup reported on Friday a fourth-quarter net loss of 8.29 billion dollars, or 1.72 dollars per share, wider than market expectations.

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