A rare analyst with a Sell rating on Citigroup (C), Charles Peabody estimates the bank could...

|About: Citigroup Inc. (C)|By:, SA News Editor

A rare analyst with a Sell rating on Citigroup (C), Charles Peabody estimates the bank could lose $5B-$7B this year thanks to the dollar's strength. The bank's global reach is a good bet, says Peabody, when growth is good, but slumping growth means the risks from currency swings are of more import. We're appropriately hedged, says a bank spokesman. Shares -1.4% premarket.