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Banking, Finance and Insurance

Subprime woes won’t harm Citibank's China business, says boss
By STAFF EDITOR
Published: January 25, 2008 12:00 PM
Richard Stanley, chairman of Citibank China, told the Shanghai Financial News that the company’s US$9.8 billion fourth quarter loss as a result of exposure to sub-prime mortgages in the US would not affect its China private banking business. The New York-based bank launched a ...
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