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Asian stocks rebound, markets await earnings

Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about corporate earnings and risk aversion receded.
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Citigroup posts best results in nearly 3 years

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in nearly three years, as the economic recovery reduced the bank's credit losses and increased prices on even its worst assets.
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Big brokerages lose market share: study

The four biggest brokerage companies dominate the U.S. wealth management space, but independent and regional firms are catching up as they gained clients and assets after the 2008 downturn.
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Citigroup profit $4.4 billion, tops Street view

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.
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Citigroup profit tops Street view

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.
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Fewer Americans falling behind on credit cards

Credit card delinquency rates fell last month at most major U.S. lenders, with the exception of Citigroup Inc, in the latest sign that Americans are starting to climb out of the recession.
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Wall St set for flat open after Greece deal

U.S. stock index futures pointed to a flat open on Monday as euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece, easing sovereign debt concerns.
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Ex-Citigroup directors contrite, defensive on crisis

Charles Prince and Robert Rubin, often blamed for huge losses at Citigroup during the 2008 banking crisis, voiced regrets on Thursday but did not take responsibility for Citi's woes or its $45-billion taxpayer bailout.
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Ex-Citigroup CEO apologizes, defends bank's size

Former Citigroup Inc Chief Executive Charles Prince apologized on Thursday for Citi's failure to better prepare for the financial crisis, at the same time as he defended the third-largest U.S. bank's size and conglomerate nature.
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Former Citi titans express regrets on crisis

Charles Prince and Robert Rubin, often blamed for bringing down Citigroup , expressed deep regrets for Wall Street's meltdown in 2008 but did not take responsibility for the firm's massive losses and the eventual taxpayer bailout at a hearing on Thursday.
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The music has stopped; will Citigroup apologize?

Charles Chuck Prince and Robert Rubin are often blamed for hobbling Citigroup Inc , but the former CEO and senior adviser are expected to defend themselves vigorously at a public hearing this week.
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U.S. bank investors: Show me the money

Citigroup Inc , JPMorgan Chase & Co and Bank of America Corp may soon show compelling evidence that they have stopped the bleeding in terms of credit losses and loan writedowns.
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Greek banks hit as money moved offshore: report

Greek banks are being hit by a wave of redemptions as rich citizens and companies look to move their money to big global banks or offshore as the country's debt crisis rages, the Telegraph newspaper reported on its website.

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