Citigroup, First Quarter Earnings | featured news

(Image from article: "Citigroup earns $4.4B in 1Q as trading rebounds")

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Citigroup first-quarter profit rises 31 percent

Citigroup Inc reported a higher-than-expected 31 percent rise in first-quarter profit on Monday as it drew down loss reserves for mortgage loans, and revenue from its securities and investment banking business swelled.

Citigroup earns $4.4B in 1Q as trading rebounds

Citigroup Inc. provided more evidence that the nation's big banks may have turned a corner. The bank reported a surprise first-quarter profit Monday as trading revenue offset losses from failed loans....

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