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Read More »Citigroup, BofA warn of quarterly trading slump
Bloomberg The biggest trading houses on Wall Street are warning of a slump. Citigroup Inc. said trading revenue has declined so far this quarter while Bank of America Corp. indicated revenue is on pace to be about 10 percent lower. They joined JPMorgan Chase & Co. in reporting a downturn for the business. A burgeoning trade war, the UK’s planned ...
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