Citi has $280 mln in loans in China ports at center of metals probe
July 18, 2014 at 16:15 PM EDT
NEW YORK, July 18 (Reuters) - Citigroup Inc has about $280 million in loans tied to commodities in two Chinese ports which are at the center of a probe into possible fraud, a senior executive said on Friday, becoming the first U.S. bank to disclose its potential exposure.