NewsWhore
03-23-2012, 06:30 PM
Citigroup Sets $700 Million Charge on Akbank Stake Sale (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHm6D6b5kSOKrtPXVakHmoWp1rvZw&url=http://www.bloomberg.com/news/2012-03-23/citigroup-expects-700-million-impairment-charge-tied-to-akbank.html)
Bloomberg
Citigroup's first-quarter charge will result from recognizing currency losses related to the investment that were previously recorded in other comprehensive income and from marking down the current carrying value of the stake to market prices, ...
and more » (http://news.google.com/news/more?ned=us&ncl=ddHoXaNsHegHClM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHm6D6b5kSOKrtPXVakHmoWp1rvZw&url=http://www.bloomberg.com/news/2012-03-23/citigroup-expects-700-million-impairment-charge-tied-to-akbank.html)
Bloomberg
Citigroup's first-quarter charge will result from recognizing currency losses related to the investment that were previously recorded in other comprehensive income and from marking down the current carrying value of the stake to market prices, ...
and more » (http://news.google.com/news/more?ned=us&ncl=ddHoXaNsHegHClM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHm6D6b5kSOKrtPXVakHmoWp1rvZw&url=http://www.bloomberg.com/news/2012-03-23/citigroup-expects-700-million-impairment-charge-tied-to-akbank.html)