Citigroup Profit Tumbles 96% on Settlement Costs

Citigroup Profit Tumbles 96% on Settlement Costs Play

July 14 (Bloomberg) -- Bloomberg’s Scarlet Fu breaks down second-quarter results from Citigroup as profit fell 96 percent due to $3.7 billion in costs related to the settlement of a mortgage-bond probe by the U.S. government. She speaks on “In The Loop.”

  • On Air Now

    Charlie Rose Watch Now

  • Next

    The Great Disrupters: Businessweek Anniversary

blog comments powered by Disqus