Citigroup Posts Poor Q4 Results, Slashes Dividend
Published on Jan 15, 2008 in Business
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Citigroup Posts Poor Q4 Results,...
January 15, 2008
Citigroup cuts its dividend after posting dismal results for the fourth quarter, when the bank's mortgage portfolio lost $18.1 billion in value. It... More
Citigroup cuts its dividend after posting dismal results for the fourth quarter, when the bank's mortgage portfolio lost $18.1 billion in value. It also receives a $12.5 billion investment from outside investors, including $6.88 billion from the Government of Singapore Investment Corp. Less
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