Citigroup profit drops as it writes down brokerage unit

People walk by a Citibank branch in New York in this January 17, 2012 file photograph. Citigroup Inc made more money from trading in the third quarter, and its lending profitability rose, surprising investors and lifting the bank's shares 4.5 percent. (REUTERS/Shannon Stapleton)

A version of this article appeared in the print edition of The Daily Star on October 16, 2012, on page 6.




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