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financial services

Citigroup earnings beat view; stock dips on revenue miss

Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and…

Barclays settles subprime fraud case on ‘fair’ terms, pays $2 billion in penalty

More than a decade after the subprime crisis wreaked havoc across the global financial system, skeletons are still tumbling out…