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    <title>Mail.com: Vikram Pandit</title>
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      <title>Citigroup execs sound a cautious note</title>
      <link>http://www.mail.com/business/economy/2020298-citigroup-execs-sound-cautious-note.html</link>
      <description>NEW YORK (AP) — Citigroup isn't convinced the economy is back. 
                   The bank on Monday announced strong first-quarter results, but executives were more cautious than celebratory. Though they didn't declare victory, they appeared to have reason to: Citigroup's investment bank advised more companies on mergers and acquisitions; its retail bank wrote more mortgag...</description>
      <pubDate>Mon, 15 Apr 2013 23:00:19 GMT</pubDate>
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      <dc:date>2013-04-15T23:00:19Z</dc:date>
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      <title>Citigroup to pay $730 million to settle lawsuit</title>
      <link>http://www.mail.com/business/economy/1964484-citigroup-to-pay-730-to-settle-lawsuit.html</link>
      <description>NEW YORK (AP) — Citigroup has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank's disclosures when they purchased its debt and preferred stock. 
                   The investors' purchases were made from May 11, 2006 through Nov. 28, 2008. Citigroup Inc. denied the allegations and said in a statement late Monday that i...</description>
      <pubDate>Tue, 19 Mar 2013 11:50:09 GMT</pubDate>
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      <title>Citigroup pays new CEO Corbat $12.4M in 2012</title>
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      <description>NEW YORK (AP) — Citigroup awarded its new CEO, Michael Corbat, a total of $12.4 million last year. 
                   That's 17 percent less than the $14.9 million his predecessor, Vikram Pandit, received in 2011. But Corbat, who replaced Pandit in October, was only in the top job for three months last year. Citigroup paid Pandit a total of $9.5 million in 2012. Before repl...</description>
      <pubDate>Fri, 15 Mar 2013 18:21:55 GMT</pubDate>
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      <title>Legal expenses drag down Citigroup 4Q earnings</title>
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      <description>Citigroup's fourth quarter earnings fell short of Wall Street's expectations as the bank's legal expenses rose and it released less money from its loan-loss reserves. 
                   The bank, based in New York, said a big chunk of the legal expenses came from a settlement reached last week over illegal foreclosure practices in the aftermath of the housing bust. It was C...</description>
      <pubDate>Thu, 17 Jan 2013 22:14:00 GMT</pubDate>
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      <dc:date>2013-01-17T22:14:00Z</dc:date>
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      <title>Banks prepare for earnings; mortgages cast a pall</title>
      <link>http://www.mail.com/business/finance/1812096-banks-prepare-earnings-mortgages-cast-pall.html</link>
      <description>NEW YORK (AP) — Legal troubles and regulatory scuffles keep piling up for the banking industry, a fact that's sure to drag down results when the banks start reporting fourth-quarter earnings beginning Friday. 
                   Most obvious will be the pall cast by this week's national settlement over foreclosure abuse. Bank of America, Citigroup, JPMorgan Chase, Wells Farg...</description>
      <pubDate>Thu, 10 Jan 2013 19:14:00 GMT</pubDate>
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