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Citigroup's Q4 Loss and Restructuring
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Citi Reports Loss and Restructuring
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Citigroup reports a net loss of $1.8 billion for Q4 2023, citing organizational restructuring and challenges in meeting expectations. CEO Jane Fraser remains confident in the bank's ability to support clients amidst a potential recession.
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How could the challenges faced by Citigroup reflect broader trends in the banking sector?
How might Citigroup's Q4 loss and restructuring impact its market position and investor confidence?
What strategies could Citigroup employ to meet expectations and improve its performance in the future?
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