January 17, 2013 / 2:40 PM / in 5 years

BRIEF-Citigroup CFO: $500 mln more legal costs in US consumer business

Jan 17 (Reuters) - Citigroup Inc : * CFO: $500 million of additional legal costs from US consumer business * CFO John Gerspach speaking on media conference call * CFO says $500 million of new legal costs for ‘variety’ of issues in Citi corp

segment * CFO says won’t comment on legal reserving actions unless related to a

specific settlement * CFO: not ready to declare targets for efficiency gains

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