Citigoup Inc. (C) said in a statement Thursday that it believes "that FASB's decisions today on fair value accounting (FSP FAS 157-e) will have no impact on Citigroup's financial statements or our existing practices for determining fair values."

-By Matthias Rieker, Dow Jones Newswires; 201-938-5936; matthias.rieker@dowjones.com

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