ABU DHABI / WAM TRENDS Research & Advisory is participating in the Seventh Forum Seventh …
Read More »As Citi’s traders struggle, consumers prop up bank’s profit
Bloomberg While Citigroup Inc.’s Wall Street operations wrestle with tough markets, the bank is getting a boost from the little guy: consumers leaning on credit cards during the worst inflation in a generation. The bank’s third-quarter profit beat analysts’ estimates even as revenue falls short in trading and deal-making, which had thrived during the pandemic. Salvation this time came from …
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