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Citigroup profit drops on bigger stockpiles for potential loan losses - CNA
Source: Buzz FX / 15 Oct 2024 07:36:23 America/Chicago
Citigroup's profit fell 9 per cent in the third quarter as it set aside more money to cover loans that may not be repaid, particularly on credit cards.
The third-largest U.S. lender's net income dropped to $3.2 billion, or $1.51 per share,
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