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Citi Shows Promising Signs Amid Persistent Dark Clouds

JUL 14, 2014 3:39pm ET

Citigroup issued quarterly results that pleased the market by simply not being as bad as they could have been. Yes, Citi spent $7 billion to settle a mortgage securities probe, and there are still more legal costs coming. But some segments strengthened, suggesting Citi may have hit bottom and has nowhere to go but up.

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