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Citigroup profit tumbles 46% on expected credit card losses

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Apr 15 '20 | By oiam2companyadmin | Views: 36 | Comments: 0

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Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as it prepared for losses driven primarily by its credit card business, and analysts raised worries that there is more pain to come as the economic outlook darkens.
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Source: https://www.reuters.com/article/us-citigroup-results/citigroup-profit-tumbles-46-on-expected-credit-card-losses-idUSKCN21X1OI?feedType=RSS&feedName=businessNews

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