-Advertisement-

Citigroup Faces $15 Billion Writeoff

November 18, 2007

Goldman Sachs & Co on Monday downgraded Citigroup Inc to “sell” from “neutral,” and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings.

*For more on this story,

read the full Reuters

article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

L.A. Office Rents Keep Climbing, But Tenants Can Find Relief

Skilled Healthcare Not Fazed By Slow Going

staff-author

-Advertisement-

Featured Articles

-Advertisement-

Citigroup Faces $15 Billion Writeoff

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

A Look Inside The Picklr Indoor Pickleball Coming to Fountain Valley

Amar Santana: 2026 Chef of the Year

A Look Inside the Saltaire House, Record Setting Dana Point Luxury Home

Related Articles

A Look Inside The Picklr Indoor Pickleball Coming to Fountain Valley

Amar Santana: 2026 Chef of the Year

A Look Inside the Saltaire House, Record Setting Dana Point Luxury Home

A Look Inside the $250M Groundbreaking of MainPlace Mall’s The Carina and Culinary District

Midday Stock Roundup: Stock Market Closed for Good Friday

Advertise With Us

About Us

Subscriber Links

Other Journals