The proxy advisory firm Egan-Jones recommended Monday that Citigroup Inc. shareholders withhold votes for six incumbent directors at the annual meeting April 21, saying they failed to fulfill their risk management responsibilities.

Citi recorded a $27.68 billion net loss last year on tens of billions of investment writedowns and loan losses. The woes led to a $45 billion capital infusion from the federal government, and it is backstopping losses on about $300 billion of assets.

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