March 23, 2012
122
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2:49Now PlayingOct. 15 (Bloomberg) -- Jon Fisher, a portfolio manager at Fifth Third Asset Management, talks with Bloomberg's Betty Liu about Citigroup Inc.'s third-quarter profit reported today.
Citigroup, the lender 34 percent owned by the U.S. government, posted a $101 million profit, defying expectations for a loss, as the company slowed the pace of building reserves for future loan defaults. (Source: Bloomberg)
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