Morning Scan: Not So Fast, Citi; Facebook Eyes Mobile Payments
04/15/14
Receiving Wide Coverage ...
Second Look at Citi: Don't be fooled by Citi's earnings. General consensus among news outlets is that profits may have bested expectations, but relief Â-- more than accolades Â-- is in order. "After two preceding quarters, in which Citi failed to meet already lowered expectations, a revelation of fraud in Mexico and a rejection of Citi's capital-return request by the Federal Reserve, discovering the ball hadn't been yanked away this time was...
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