We carry out a detailed numerical study of the three-band Hubbard model in
the underdoped region both in the hole- as well as in the electron-doped case
by means of the variational cluster approach. Both the phase diagram and the
low-energy single-particle spectrum are very similar to recent results for the
single-band Hubbard model with next-nearest-neighbor hoppings. In particular,
we obtain a mixed antiferromagnetic+superconducting phase at low doping with a
first-order transition to a pure superconducting phase accompanied by phase
separation. In the single-particle spectrum a clear Zhang-Rice singlet band
with an incoherent and a coherent part can be seen, in which holes enter upon
doping around (π/2,π/2). The latter is very similar to the coherent
quasi-particle band crossing the Fermi surface in the single-band model. Doped
electrons go instead into the upper Hubbard band, first filling the regions of
the Brillouin zone around (π,0). This fact can be related to the enhanced
robustness of the antiferromagnetic phase as a function of electron doping
compared to hole doping.Comment: 14 pages, 15 eps figure