Citigroup (NYSE:C) has put a halt to its sweeping cost-cutting program long enough to open a handful of U.S. branches.

The nation's third-largest bank announced plans in December to cut 11,000 jobs and close 84 branches, including 44 in the United States. Meanwhile, it is marginally expanding its presence in cities that it considers "key markets" as part of new Chief Executive Michael Corbat's bid to shore up the bank's traditional core of wealthy and international retail customers.

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