Goldman Sachs reported profits of $3.5 billion Tuesday, delivering a much-needed shot to the firm's ailing reputation as it faces questions over its role in structuring a security tied to subprime mortgages.
Profits at JPMorgan Chase jumped 55% from a year ago to $3.3 billion on the back of the bank's Wall Street business and an improvement in the overall economy.
The Treasury Department said Monday it was moving closer to unloading its entire stake in Citigroup, but offered little insight into the timing of the sale.
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