Citi Transfers $13.3 Bln In Securities, Loans To Level 3

03 Nov 2008

Citigroup has reported that it moved in the third quarter $13.3 billion in trading securities and loans into the Level 3 category.

Citigroup has reported that it moved in the third quarter $13.3 billion in trading securities and loans into the Level 3 category. Included in the transfer were assts-backed securities, warehouse loans backed by auto lease receivables and certificates issued by a U.S. credit card securitization trust, according to ...

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