Citigroup to Take $2.7B 4Q Charge for Legal Costs
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Business
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What total amount did Citigroup announce for legal and repositioning expenses in the fourth quarter?
$2.7 billion
$800 million
$3.5 billion
$1.5 billion
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Citigroup's stock price react to the announcement of the expenses?
It remained stable
It increased by 2.4%
It increased by 5%
It decreased by 2.4%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the trading price of Citigroup's stock before the announcement?
$57.30
$54.50
$56.20
$55
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the amount of legal expenses Citigroup faced in the third quarter?
$951 million
$800 million
$402 million
$2.7 billion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which investigations are related to Citigroup's fourth quarter legal expenses?
Healthcare and pharmaceuticals
Technology and innovation
Real estate and housing
Currency markets and Libor
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