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Hardworking arrow News arrow Business arrow Business arrow Citigroup sees $370 mln loss in Japan finance unit (Reuters)
Citigroup sees $370 mln loss in Japan finance unit (Reuters)
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Office ladies walk past the logo of Citigroup at the Citibank tower in Hong Kong, January 19, 2006. Citigroup Inc. will close most of its Japanese consumer finance branches and take a $370 million fourth-quarter loss in that unit, hit by law changes that will cut the maximum interest rates on loans. (Paul Yeung/Reuters)Reuters - Citigroup Inc. will close most of its Japanese consumer finance branches and take a $370 million fourth-quarter loss in that unit, hit by law changes that will cut the maximum interest rates on loans.



Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20070109/bs_nm/citigroup_japan_dc.
 
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