Citi's profit drops 96 pct

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Citi's profit drops 96 pct

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Citi's profit drops 96 pct

by Reuters Videos 1:12 mins

Citigroup's better-than-anticipated quarterly results came just after the bank announced a $7 billion settlement over a mortgage securities probe tied to the financial crisis, driving the stock higher at the market open. Fred Katayama reports.

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