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RBS sell-off could start this year

RBS building

The Government could start selling down its stake in Royal Bank of Scotland this year, according to City analysts, after the taxpayer-backed lender agreed a deal with the Treasury that could lead to the return of dividend payments.

Citigroup said facing inquiry over suspicious transactions

Sombrero

The U.S. Justice Department is investigating whether a Citigroup unit in California failed to alert the government to suspicious banking transactions along the U.S.-Mexico border that in some cases involved suspected drug-cartel members, said people familiar with the probe.

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