Citigroup, whose $45 billion bailout in 2008 was the biggest among U.S. banks, has had to shower competitors with investment-banking fees this year as the government sold its stakes and kept Citigroup out of the fee pool to steer clear of conflicts of interest. In October, Citigroup had to pay rival firms $55.7 million for underwriting the Treasury’s sale of $2.2 billion of trust-preferred securities.
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