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Shares of Citigroup Inc. (NYSE: C) rose 3% Tuesday on news that the firm beat third-quarter earnings estimates. The firm saw its quarterly net income increase by 7% over the same period last year. Citigroup also announced plans to slash consumer-banking services in 11 markets. Meanwhile, rival Wells Fargo & Co. (NYSE: WFC) earnings fell in line with investor expectations, while JPMorgan Chase & Co. (NYSE: JPM) missed earnings estimates. Shares of Wells Fargo slumped more than 2.5% on the day. JPM shares were down marginally after the company announced an unexpected $1 billion legal expense.