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Market Chatter: Citigroup Could Reportedly See Big Hit to Loan Book From Climate Action Fight
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Market Chatter: Citigroup Could Reportedly See Big Hit to Loan Book From Climate Action Fight
May 1, 2024 8:19 AM

10:45 AM EDT, 05/01/2024 (MT Newswires) -- Citigroup's ( C ) loan book could suffer billions of dollars of losses should the world speed up efforts to combat climate change, Reuters reported, citing a confidential analysis prepared by the bank that it reviewed.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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