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Citi Reports Gain on Sale of MasterCard Stock in Quarterly Results

Tags » Citi Cards, MasterCard

As part of its earnings release (PDF) this morning, Citigroup reported a $161 million pre-tax gain on the sale of MasterCard stock as part of its quarterly US Card business unit results. Overall, Citi's US Card business reported revenues increasing 2% year-over-year with a 1% growth reported in average managed loans.

Date: April 16, 2007 at 10:45 AM Pacific   |      |  

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