U.S. Markets close in 5 hrs 22 mins

Citigroup's Raymond McGuire: The financial crisis hit Citi 'hard'

Citigroup's global head of corporate & investment banking Raymond McGuire told Yahoo Finance how Citi was impacted by the financial crisis and its position now. 'Our capital base is as strong as its ever been ... [We are] better positioned than any institution,' he said.