... to release money it had set aside for bad loans, including releasing reserves from Citi Holdings' North American mortgage portfolio for the first time. Its total allowance for loan losses is now $23.7 billion, or 3.7 percent of total loans, compared ...
http://www.seattlepi.com/business/article/Citigroup-beats-on-earnings-revenue-stock-rises-4434868.php
http://www.seattlepi.com/business/article/Citigroup-beats-on-earnings-revenue-stock-rises-4434868.php
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