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17 April 2009 17:45

Vikram Pandit beat expectations, Citigroup Posts $1.6 Billion Profit

Citigroup posted a smaller-than-expected loss since 2007 thanks to cost-cutting and improved investment banking. Citi’s the third large institution this week, after Goldman Sachs Group and J.P. Morgan Chase & Co., to report stronger-than-proj...

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