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FraudNews
06-04-2014, 08:33 AM
Moody's Dings Citigroup's Mexican Unit Banamex Over Alleged Fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFwTeBQgEUlELxJpDcw3wCML5dPtg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778526613123&ei=7dmOU8C0Lc2_gAeazYG4AQ&url=http://online.wsj.com/article/SB10001424052702303789904579602762081602646.html)
Wall Street Journal
28 that an alleged fraud by Mexican oil-services provider Oceanografia had cost the bank around $400 million in bad loans. Citigroup Chief Executive Michael Corbat has taken a tough line, vowing to fix internal problems and calling the ordeal a ...
Citigroup's Banamex Debt Rating Cut by Moody's After Loan Fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFKCL6Bz042cSssSYAYj5jc5wWx9g&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778526613123&ei=7dmOU8C0Lc2_gAeazYG4AQ&url=http://www.bloomberg.com/news/2014-06-03/citigroup-s-banamex-debt-rating-cut-by-moody-s-amid-inquiries.html)Bloomberg

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