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Citigroup Says It Has Its Best Quarter Since Early 2007

Citigroup announced a first-quarter net profit on 17th April  after more than a year of staggering losses. The New York-based bank reported first-quarter net income of $1.6 billion, after posting a loss of $5.11 billion in the period a year earlier. Revenue was $24.8 billion, up 99 percent.
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