Citi - - the US bank rescued by $45 billion in US taxpayer funds - - posts surprise profit of $1.6 billion
Apr 17th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Citi, the US bank rescued by $45 billion in US taxpayer funds, ended a five-quarter losing streak with a $1.6 billion profit on trading gains and an accounting benefit for companies in distress.