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Citi to Buy Mortgages From U.K. Bad Bank for $6.4 Billion (1).

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  • معلومة اضافية
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      U.K. government says that Pimco will finance the transaction Citigroup Inc. is paying 4.9 billion pounds ($6.4 billion) for residential mortgages and unsecured loans from the British government's bad bank, in a major step to offloading the assets it took on at the peak of the financial crisis. [Extracted from the article]
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