UK banking shares rose yesterday after Citigroup, a US financial sector heavyweight, reported a smaller-than-estimated loss by reducing mortgage-bond writedowns, eliminating jobs and borrowing money at lower rates.
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Citigroup lifts US banking shares
UK banking shares rose yesterday after Citigroup, a US financial sector heavyweight, reported a smaller-than-estimated loss by reducing mortgage-bond writedowns, eliminating jobs and borrowing money at lower rates.
