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business1h ago
Key facts: Citigroup's Stock Reaches 2008 High; 20% Rise in Q4 Fees Projected
- Citigroup shares rose to their highest level since November 2008 amid policy changes and Fraser's turnaround efforts.
- Mason projected a 20% rise in Q4 investment-banking fees as part of performance improvements.
- The rally suggests investor optimism about Citigroup's turnaround despite still-traded-below-all-time-high levels.
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