Citigroup Inc (NYSE:C) could lose $5 billion to $7 billion in regulatory capital, if the dollar strengthens against major currencies, including in emerging markets, Charles Peabody predicts.
Charles Peabody, who leads research at Portales Partners LLC, feels Citigroup Inc (NYSE:C)’s over 50 percent reliance on revenues from abroad would result in its worst translation loss in five years, exceeding the $3.5 billion deficit posted in...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports
Get articles and insights from our weekly newsletter.
By entering your email, you agree to our Terms of Service and Privacy Policy.
