Portales's Peabody Recommends Selling Citigroup (Audio)

Charles Peabody, an analyst and partner at Portales Partners LLC, estimates Citigroup Inc. may lose $5 billion to $7 billion in regulatory capital this year if the dollar gains against the yen, the euro and currencies in emerging markets, which provide about half the firm's profit. Peabody talks with Bloomberg's Pimm Fox and Carol Massar on Bloomberg Radio's "Taking Stock."

(Source: Bloomberg)

Running time 07:32

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