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Citigroup fraud settlement 2011 10 19

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Citigroup will pay $285 million for misleading investors
Shares in Citigroup rose in early trading after the US investment bank's third-quarter earnings beat expectations.
The US investment bank will take a pretax charge of about $1 billion for the job cuts.
Citigroup fraud settlement 2011 10 19

A cyclist rides his bike past the Citigroup center on April 18, 2011 in San Francisco, California.

Justin Sullivan