Weak trading slams Citigroup’s revenue

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Citigroup reported a surprise drop in quarterly revenue due to a steep decline in its fixed income trading business. But as Fred Katayama reports, profit surged higher as the bank cut costs.

Weak trading slams Citigroup’s revenue

Tags : Fred katayama, Fred katayamacitigroup, Global consumer banking revenue, Chris kotowski, Slash expenses, Drop in its fixed income trading business, Quarterly revenue, citigroup

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