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4.58196147225295E-05 0.000569472354408289 -0.000281463347580907 -0.00119785564203094 0.00055114450851924 0.00318773605283671 0.00678784863817563 0.00855517663461486
Stockreport

Citi giving back $335M to its credit card users [Seeking Alpha]

CITIGROUP (C)  More Company Research Source: Seeking Alpha
Last citigroup earnings: 7/13 07:59 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
PDF Citi giving back $335M to its credit card usersCitigroup (C+0.2%)announces the refund after an internal review flagged issues in the methodology used to reduce interest rates on users with high rates due to prior missed payments.The bank notes 90% of clients did receive the lower rate.A Citi spokeswoman said, “We informed our regulators, revised our methodology going forward and conducted a comprehensive review of our process.”Previously:Goldilocks scenario sounds good to the banks(Feb. 21)See all stocks on the move »Now read:Penny Stocks And Risk: This 97% Drop In 8 Months Teaches Investors Something » [Read more]

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