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Citigroup Is The Most Undervalued Major U.S. Bank In Terms Of P/B Ratios The globally diversified banking group fell to the last position in this list by the end of Q1 2014 - despite faring better than Bank of America in terms of P/B ratios over recent years - due to the sharp decline in its share price in March after its capital plans were rejected by the Fed as a part of its stress tests.
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