Citigroup reports record quarter


NEW YORK (AP) - Citigroup Inc., the largest U.S. financial institution, reported record quarterly earnings on Thursday and said it was working to resolve outstanding legal and regulatory issues. 

The bank, based in New York, said profits for the fourth quarter totaled $5.32 billion (euro4.1 billion), or $1.02 (79 euro cents) a share, up 12 percent from $4.76 billion, or 91 cents a share, a year earlier. 

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