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Citi Slashes Quarterly Earnings By $600M Amid Forex Probes

By Kurt Orzeck ( October 30, 2014, 8:20 PM EDT) -- Citigroup Inc. said in a Thursday regulatory filing that it has cut its previously reported quarterly net income by $600 million due to massive legal bills stemming from regulatory investigations while detailing, in another filing, probes into the alleged rigging of foreign currency exchange markets....

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