Vikram Pandit, chief executive officer at Citigroup, told shareholders at their meeting this week that although there was a lot of work left to be done, he was optimistic about the company's future. "I know that despite all of our progress and our strong first-quarter results, we still have some distance to go," Mr. Pandit said. The company announced better earnings for the most recent quarter, but some shareholders are still upset about their losses over the past few years.

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