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  • Citigroup Inc. (NYSE:C) : Stock Market Analysis

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    Tuesday Apr. 12, 2011 at 08:42 am EST
    Citigroup Inc. (NYSE:C) Stock Market Analysis
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    Citibank Japan, part of Citigroup Inc. (NYSE:C) has opened a new smart banking mini-branch at Hamamatsucho station, a gateway to Tokyo International Airport (Haneda), marking the second phase implementation of bank's smart banking project, launched in April 2010.

    In the first phase, Citigroup Inc. (NYSE:C) opened the first full-service smart banking branches in Citi's global network in Nihonbashi and Tokyo Ekimae in Tokyo in April 2010, followed by the Nagoya branch in November 2010 and the Shinjuku East branch in March 2011.

    According to Citigroup Inc. (NYSE:C), the second phase of the smart banking project will enhance the further convenience for customers by launching smaller banking outlets in major transit points and convenient areas relevant to the customers' lifestyles around Japan.

    Shares of Citigroup Inc. (NYSE:C) closed at $4.53 on Monday below resistance level of $4.6. Major resistance points above Monday's close are at $4.6, $4.73, $4.82, $4.96 and $5.07 while major support levels for Citigroup Inc. below $4.53 are at $4.42, $3.93 and at $3.8.

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