As a result, Citigroup revised its fourth-quarter earnings to $1.92 per share down from $2.08, according to a filing.
To date, $389.8 million had been repaid to he bank at its request, but some lenders have held on to the funds leading the bank to wage a legal battle against a group of hedge funds to recover the remainder. “I do believe that we have good grounds for an appeal, and we’re going to pursue that,” Chief Financial Officer Mark Mason said an industry conference on Thursday.
Do you think this is what people really need right now?
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: