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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.