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Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back
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Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income beating estimates. Citi will also buy back $20 billion in stock. The bank reported earnings of $1.34 per shares topping the estimate of $1.22. Manus Cranny and Sonali Basak break down the earnings on "Bloomberg Surveillance."
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