Citigroup's (C +2.4%) Brazilian unit is among the bank's facing the most sizable losses should...


Citigroup's (C +2.4%) Brazilian unit is among the bank's facing the most sizable losses should  companies controlled by Elke Batista default, according to Moody's. The unit's loans to those firms total $91M, or 42% of the profit generated by that arm last year. Brazilian banks Itau Unibanco (ITUB +2.4%) and Banco Bradesco (BBD +1.8%) have mangeable exposure, says Moody's.

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