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Citi's profit drops 96 pct

Citigroup's better-than-anticipated quarterly results came just after the bank announced a $7 billion settlement over a mortgage securities probe tied to the financial crisis, driving the stock higher at the market open. Fred Katayama reports.

http://www.digtriad.com/video/3674287994001/1/Citis-profit-drops-96-pct http://cdn.newslook.com/41/41344b780f1e11c8d1aa05221aa95b35/images/frame_ext.jpg Citi's profit drops 96 pct Citigroup's better-than-anticipated quarterly results came just after the bank announced a $7 billion settlement over a mortgage securities probe tied to the financial crisis, driving the stock higher at the market open. Fred Katayama reports. CitigroupFinancenewslookFred Katayama 01:13

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