Citigroup Inc

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4h
Dallas Morning News
In shale economy, mergers taking backseat to more popular approachand a logo. "People are trying to find the bottom," said Stephen M. Trauber, v
In shale economy, mergers taking backseat to more popular approach
Dallas Morning News / Posted 4 hours ago
and a logo. "People are trying to find the bottom," said Stephen M. Trauber, vice chairman & global head of energy at Citigroup Inc. "They would rather do a deal when they know they can pay for something and they know the price improves,... Read more
9h
Newsmax
Citi Strategist: Fed Has 'Almost No Ability to Offset a Shock' to EconomyJune 2016 meeting. However, in a research note published on Monday, Steven Eng
Citi Strategist: Fed Has 'Almost No Ability to Offset a Shock' to Economy
Newsmax / Posted 9 hours ago
June 2016 meeting. However, in a research note published on Monday, Steven Englander, global head of G10 FX strategy at Citigroup Inc., points out the paper's benign starting point for the U.S. economy — full employment, inflation at 2 percent,... Read more
11h
Swissinfo
UBS, Rivals to Push Digital Cash Backed by Blockchain, FT Sayshas captivated Wall Street executives because it could speed transactions and f
UBS, Rivals to Push Digital Cash Backed by Blockchain, FT Says
Swissinfo / Posted 11 hours ago
has captivated Wall Street executives because it could speed transactions and free up capital. Investment banks including Citigroup Inc. also have projects in the works, hoping to improve upon the financial industry’s existing system, which can... Read more
23h
The Globe and Mail
Why U.S. stocks have an ‘elevated risk of correction’that short interest as a share of float for U.S. stocks has hit a 12-month low.
Why U.S. stocks have an ‘elevated risk of correction’
The Globe and Mail / Posted 23 hours ago
that short interest as a share of float for U.S. stocks has hit a 12-month low. The upshot here was recently detailed by Citigroup Inc.’s Tobias Levkovich, who warned that investors were turning more bullish, taking the potential “sentiment... Read more
1d
Orlando Sentinel
Trump the mortgage broker was in trouble from startfinancial executives were caught off-guard by the housing crisis. Still, Rossi,
Trump the mortgage broker was in trouble from start
Orlando Sentinel / Posted yesterday
financial executives were caught off-guard by the housing crisis. Still, Rossi, a former consumer loan risk officer at Citigroup Inc., said that angst among those in the mortgage industry was palpable by 2006, with many warning about how risky... Read more
1d
Swissinfo
UBS Hires Junk-Debt Traders Chang, Raman From Morgan Stanleyindustry this year on desks handling trading in speculative debt. Two months ag
UBS Hires Junk-Debt Traders Chang, Raman From Morgan Stanley
Swissinfo / Posted yesterday
industry this year on desks handling trading in speculative debt. Two months ago, Deutsche Bank AG tapped James Nessel from Citigroup Inc. to run its U.S. high-yield bond trading team as Timothy Fischer stepped down from the role. At Citigroup, Amit... Read more
2d
Channel NewsAsia
US appeals court strikes down Ernst & Young class action waiverclass actions. The NLRB has struck down such requirements imposed by dozens of
US appeals court strikes down Ernst & Young class action waiver
Channel NewsAsia / Posted 2 days ago
class actions. The NLRB has struck down such requirements imposed by dozens of companies, including American Express Co , Citigroup Inc and Domino's Pizza Inc . With its 2-1 ruling, the 9th U.S. Circuit Court of Appeals in San Francisco became... Read more
4 related stories
2d
Channel NewsAsia
Citigroup, AT&T end litigation over 'thanks'NEW YORK: Citigroup Inc and AT&T Inc have ended their litigation over the latte
Citigroup, AT&T end litigation over 'thanks'
Channel NewsAsia / Posted 2 days ago
NEW YORK: Citigroup Inc and AT&T Inc have ended their litigation over the latter's use of the phrase "AT&T thanks" on a customer loyalty program, which the bank said was too similar to its trademarked "thankyou." In a joint court filing, the... Read more
2d
Reuters
U.S. appeals court strikes down Ernst & Young class action waiveractions. The NLRB has struck down such requirements imposed by dozens of compa
U.S. appeals court strikes down Ernst & Young class action waiver
Reuters / Posted 2 days ago
actions. The NLRB has struck down such requirements imposed by dozens of companies, including American Express Co (AXP.N), Citigroup Inc (C.N) and Domino's Pizza Inc (DPZ.N). With its 2-1 ruling, the 9th U.S. Circuit Court of Appeals in San... Read more
4 related stories
2d
Newsmax
Donald Trump the Mortgage Broker Was in Trouble From Moment Onefinancial executives were caught off-guard by the housing crisis. Still, Rossi,
Donald Trump the Mortgage Broker Was in Trouble From Moment One
Newsmax / Posted 2 days ago
financial executives were caught off-guard by the housing crisis. Still, Rossi, a former consumer loan risk officer at Citigroup Inc., said that angst among those in the mortgage industry was palpable by 2006, with many warning about how risky... Read more
2d
The Daily Comet
'Well-timed' OPEC talk forces oil bears into record reversalof drilled but uncompleted wells, or DUCs, helps support the bearish case, said
'Well-timed' OPEC talk forces oil bears into record reversal
The Daily Comet / Posted 2 days ago
of drilled but uncompleted wells, or DUCs, helps support the bearish case, said Ed Morse, head of commodities research at Citigroup Inc. in New York. There's also been an upsurge in drilling as prices have climbed. U.S. producers added oil rigs... Read more
29 related stories
2d
The Houma Courier
'Well-timed' OPEC talk forces oil bears into record reversalof drilled but uncompleted wells, or DUCs, helps support the bearish case, said
'Well-timed' OPEC talk forces oil bears into record reversal
The Houma Courier / Posted 2 days ago
of drilled but uncompleted wells, or DUCs, helps support the bearish case, said Ed Morse, head of commodities research at Citigroup Inc. in New York. There's also been an upsurge in drilling as prices have climbed. U.S. producers added oil rigs... Read more
29 related stories
2d
Crain's New York Business
Dissident New York REIT investors propose five-person slate for boarda 750,000-square-foot tower just south of Times Square whose tenants include Ma
Dissident New York REIT investors propose five-person slate for board
Crain's New York Business / Posted 2 days ago
a 750,000-square-foot tower just south of Times Square whose tenants include Macy’s Inc., Mizuho Financial Group Inc. and Citigroup Inc.. JBG, whose top shareholders included Yale University’s endowment, argued in a May 25 presentation that the... Read more
3 related stories
2d
Zero Hedge
US Futures Fall, European Stocks Rise As Stronger Dollar Sends Oil Lowerin Sydney. “We’ve had a full spectrum of messages in the past week or so,” sai
US Futures Fall, European Stocks Rise As Stronger Dollar Sends Oil Lower
Zero Hedge / Posted 2 days ago
in Sydney. “We’ve had a full spectrum of messages in the past week or so,” said Josh O’Byrne, a currency strategist at Citigroup Inc. in London. The dollar will “probably hold if indeed she backs up Fischer,” he said. “ I think the consensus is... Read more
10 related stories
2d
Swissinfo
European Investment Banks’ Opaque Assets Fuel Capital Concerns2008. That compares with an average 76 percent reduction at the five biggest U.
European Investment Banks’ Opaque Assets Fuel Capital Concerns
Swissinfo / Posted 2 days ago
2008. That compares with an average 76 percent reduction at the five biggest U.S. investment banks -- JPMorgan Chase & Co., Citigroup Inc., Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley -- their filings show. Regulators are... Read more
5d
Mashable
Singapore wants to be Asia’s Sweden in push for cashless paymentthat are most ready to use digital payments, based on the high use of mobile ph
Singapore wants to be Asia’s Sweden in push for cashless payment
Mashable / Posted 5 days ago
that are most ready to use digital payments, based on the high use of mobile phones and banking services, according to a Citigroup Inc. report published in June. Apple Inc. introduced its mobile payment service Apple Pay in Singapore in April.... Read more
6d
Channel NewsAsia
Citi CEO seen asking for more patience as targets still elusiveNEW YORK: Earlier this year, an analyst asked Citigroup Inc Chief Executive Mic
Citi CEO seen asking for more patience as targets still elusive
Channel NewsAsia / Posted 6 days ago
NEW YORK: Earlier this year, an analyst asked Citigroup Inc Chief Executive Michael Corbat what he would do if activist investors tried to shake things up after what seems like eons of underperformance. Corbat's response? He would take the new... Read more
3 related stories
6d
Reuters
Citi CEO seen asking for more patience as targets still elusivePresident Dilma Rousseff in Brasilia April 9, 2013. REUTERS/Ueslei Marcelino
Citi CEO seen asking for more patience as targets still elusive
Reuters / Posted 6 days ago
President Dilma Rousseff in Brasilia April 9, 2013. REUTERS/Ueslei Marcelino NEW YORK Earlier this year, an analyst asked Citigroup Inc (C.N) Chief Executive Michael Corbat what he would do if activist investors tried to shake things up after what... Read more
3 related stories
8d
The Globe and Mail
Will cashless pay kill the ATM?24 and 36 months. Even as the takeover takes hold, Diebold has been testing ne
Will cashless pay kill the ATM?
The Globe and Mail / Posted 8 days ago
24 and 36 months. Even as the takeover takes hold, Diebold has been testing new “smart ATMs” with JPMorgan Chase & Co. and Citigroup Inc. in the United States. Smart ATMs are part of a trend toward machines that respond to phone- or watch-based... Read more
8d
FOX Business
J.P. Morgan Chase Downgraded, As Stock's Relative Strength Leaves It Little UpsideMcDonald wrote in a note to clients. The stocks he covers trading at the deepes
J.P. Morgan Chase Downgraded, As Stock's Relative Strength Leaves It Little Upside
FOX Business / Posted 8 days ago
McDonald wrote in a note to clients. The stocks he covers trading at the deepest discounts are Bank of America Corp. and Citigroup Inc. . J.P. Morgan's stock has lost 3% over the past 12 months, while shares of Bank of America have lost 15% and... Read more
8d
FOX Business
J.P. Morgan Chase Downgraded, As Stock's Relative Strength Leaves It Little UpsideMcDonald wrote in a note to clients. The stocks he covers trading at the deepes
J.P. Morgan Chase Downgraded, As Stock's Relative Strength Leaves It Little Upside
FOX Business / Posted 8 days ago
McDonald wrote in a note to clients. The stocks he covers trading at the deepest discounts are Bank of America Corp. and Citigroup Inc. . J.P. Morgan's stock has lost 3% over the past 12 months, while shares of Bank of America have lost 15% and... Read more
8d
Channel NewsAsia
ValueAct stake in Morgan Stanley shows challenges in big bank activismcan be alluring for value hunters. Five of the biggest Wall Street banks – JPM
ValueAct stake in Morgan Stanley shows challenges in big bank activism
Channel NewsAsia / Posted 8 days ago
can be alluring for value hunters. Five of the biggest Wall Street banks – JPMorgan Chase & Co, Goldman Sachs Group Inc, Citigroup Inc or Bank of America Corp – trade at 0.76 times book value, on average, according to Thomson Reuters data.... Read more
2 related stories
8d
Reuters
ValueAct stake in Morgan Stanley shows challenges in big bank activismcan be alluring for value hunters. Five of the biggest Wall Street banks – JPM
ValueAct stake in Morgan Stanley shows challenges in big bank activism
Reuters / Posted 8 days ago
can be alluring for value hunters. Five of the biggest Wall Street banks – JPMorgan Chase & Co, Goldman Sachs Group Inc, Citigroup Inc or Bank of America Corp – trade at 0.76 times book value, on average, according to Thomson Reuters data.... Read more
2 related stories
8d
Newsmax
Morgan Stanley Targeted by Activist Investor ValueActit months later after shares rallied. Also in 2012, Bill Ackman’s Pershing Squa
Morgan Stanley Targeted by Activist Investor ValueAct
Newsmax / Posted 8 days ago
it months later after shares rallied. Also in 2012, Bill Ackman’s Pershing Square Capital Management exited its stake in Citigroup Inc., citing the impact of greater government oversight. Last year, Trian Fund Management, the activist hedge fund... Read more
7 related stories
8d
Zero Hedge
Tumbling Dollar Sends USDJPY Under 100, Oil Over $46 As Gold Spikes; Futures Flatas lackluster data in the world’s biggest economies fuel speculation the Fed wi
Tumbling Dollar Sends USDJPY Under 100, Oil Over $46 As Gold Spikes; Futures Flat
Zero Hedge / Posted 8 days ago
as lackluster data in the world’s biggest economies fuel speculation the Fed will refrain from raising interest rates. The Citigroup Inc. U.S. Economic Surprise Index, which measures whether data beat or miss analyst forecasts, reached the lowest... Read more
240 related stories
8d
The Globe and Mail
Loonie breaks from oil as bears shift focus to economic woesrate from record low 0.5 per cent this year, said Steven Englander, global head
Loonie breaks from oil as bears shift focus to economic woes
The Globe and Mail / Posted 8 days ago
rate from record low 0.5 per cent this year, said Steven Englander, global head of Group-of-10 currency strategy at Citigroup Inc. in New York. “There’s concern the Bank of Canada will ease policy, even if oil remains stable,” said Mr.... Read more
4 related stories
12d
Crain's Detroit Business
Shift toward autonomous vehicles drives takeovers of parts makersprices down. "Automotive bankers are definitely spending more time in places l
Shift toward autonomous vehicles drives takeovers of parts makers
Crain's Detroit Business / Posted 12 days ago
prices down. "Automotive bankers are definitely spending more time in places like Silicon Valley," said Christian Kames, Citigroup Inc.'s head of investment banking for Germany, Austria and Switzerland, and the global co-head of automotive. "The... Read more
12d
Fortune
Citi Bolsters Healthcare Banking TeamCitigroup Inc has appointed several senior level investment bankers to top role
Citi Bolsters Healthcare Banking Team
Fortune / Posted 12 days ago
Citigroup Inc has appointed several senior level investment bankers to top roles on its healthcare team, bolstering its capabilities at a time when M&A in the sector is expected to pick up, according to an internal memo seen by Reuters. The New... Read more
12d
Boston Globe
Famed investor Bill Miller leaves Legg Masonfolded into ClearBridge Advisors, which Legg Mason acquired through the purchas
Famed investor Bill Miller leaves Legg Mason
Boston Globe / Posted 12 days ago
folded into ClearBridge Advisors, which Legg Mason acquired through the purchase of the former asset management division of Citigroup Inc. in 2005. As Miller’s luster dimmed, Legg Mason began diversifying through a series of acquisitions under... Read more
5 related stories
13d
Business Wire
Fitch Affirms Banamex's IDRs at 'A' & Downgrades VR to 'aIDRs, as well as its Support Rating (SR) of '1' are now driven by the strong ab
Fitch Affirms Banamex's IDRs at 'A' & Downgrades VR to 'a
Business Wire / Posted 13 days ago
IDRs, as well as its Support Rating (SR) of '1' are now driven by the strong ability and propensity of its ultimate parent; Citigroup Inc. (Citi, 'A'/Stable Outlook by Fitch; VR 'a') to provide support to Banamex, if it were required. Banamex's... Read more
3 related stories
13d
The Globe and Mail
IBM’s Watson won Jeopardy, but can it win bank business?intelligence software that some banks already use for compliance tasks, such as
IBM’s Watson won Jeopardy, but can it win bank business?
The Globe and Mail / Posted 13 days ago
intelligence software that some banks already use for compliance tasks, such as identifying rogue traders. So far, Citigroup Inc is the only major U.S. bank to announce publicly it has entered into an “exploratory agreement” to use Watson,... Read more
4 related stories
13d
Orlando Sentinel
S&P, Nasdaq close at record high following positive jobs reportsteepest climb in three weeks, brightening prospects for a boost to earnings fr
S&P, Nasdaq close at record high following positive jobs report
Orlando Sentinel / Posted 13 days ago
steepest climb in three weeks, brightening prospects for a boost to earnings from higher rates. Bank of America Corp. and Citigroup Inc. rose at least 3.5 percent. Regional banks Zions Bancorporation and KeyCorp. surged more than 3.9... Read more
13d
Newsmax
Citi: 3 Signs That Investor Sentiment Is Turning BullishThe Most Hated Rally™ is starting to get some love. In an interview with Bloom
Citi: 3 Signs That Investor Sentiment Is Turning Bullish
Newsmax / Posted 13 days ago
The Most Hated Rally™ is starting to get some love. In an interview with Bloomberg TV, Citigroup Inc. Chief U.S. Equity Strategist Tobias Levkovich highlighted three signs that investor sentiment on U.S. equities has meaningfully shifted from... Read more
13d
Channel NewsAsia
IBM's Watson won Jeopardy, but can it win business from banks?intelligence software that some banks already use for compliance tasks, such as
IBM's Watson won Jeopardy, but can it win business from banks?
Channel NewsAsia / Posted 13 days ago
intelligence software that some banks already use for compliance tasks, such as identifying rogue traders. So far, Citigroup Inc is the only major U.S. bank to announce publicly it has entered into an "exploratory agreement" to use Watson,... Read more
4 related stories
13d
Reuters
IBM's Watson won Jeopardy, but can it win business from banks?intelligence software that some banks already use for compliance tasks, such as
IBM's Watson won Jeopardy, but can it win business from banks?
Reuters / Posted 13 days ago
intelligence software that some banks already use for compliance tasks, such as identifying rogue traders. So far, Citigroup Inc is the only major U.S. bank to announce publicly it has entered into an "exploratory agreement" to use Watson,... Read more
4 related stories
14d
Zero Hedge
The Charade Continues: London Gold And Silver Markets Set For Even More Paper Tradingthis year in January, Bloomberg said in a report said that the five interested
The Charade Continues: London Gold And Silver Markets Set For Even More Paper Trading
Zero Hedge / Posted 14 days ago
this year in January, Bloomberg said in a report said that the five interested banks were “ICBC Standard Bank Plc, Citigroup Inc., Morgan Stanley, Goldman Sachs Group Inc. and Societe Generale SA“, so somewhere along the line Citigroup... Read more
7 related stories
15d
Bangor Daily News
Oil steady as OPEC discussions seen unlikely to result in actionwere to materialize, it is unlikely to impact physical OPEC supplies,” Seth Kle
Oil steady as OPEC discussions seen unlikely to result in action
Bangor Daily News / Posted 15 days ago
were to materialize, it is unlikely to impact physical OPEC supplies,” Seth Kleinman, European head of energy research at Citigroup Inc. in London, said in a report. “It would be more a signal of OPEC’s ability to coordinate action.” West Texas... Read more
223 related stories
15d
The Houma Courier
Oil steady as OPEC discussions seen unlikely to yield actionwere to materialize, it is unlikely to impact physical OPEC supplies," Seth Kle
Oil steady as OPEC discussions seen unlikely to yield action
The Houma Courier / Posted 15 days ago
were to materialize, it is unlikely to impact physical OPEC supplies," Seth Kleinman, European head of energy research at Citigroup Inc. in London, said in a report. "It would be more a signal of OPEC's ability to coordinate action." West Texas... Read more
223 related stories
15d
The Daily Comet
Oil steady as OPEC discussions seen unlikely to yield actionwere to materialize, it is unlikely to impact physical OPEC supplies," Seth Kle
Oil steady as OPEC discussions seen unlikely to yield action
The Daily Comet / Posted 15 days ago
were to materialize, it is unlikely to impact physical OPEC supplies," Seth Kleinman, European head of energy research at Citigroup Inc. in London, said in a report. "It would be more a signal of OPEC's ability to coordinate action." West Texas... Read more
223 related stories
16d
iol.co.za
Dollar crunch brewshigher Libor costs as they fight for a greater slice of a diminishing prime mon
Dollar crunch brews
iol.co.za / Posted 16 days ago
higher Libor costs as they fight for a greater slice of a diminishing prime money market fund pie, according to Pozsar and Citigroup Inc.'s Steven Kang. Japanese banks have been issuing three-month paper to money funds at 90 basis points, Pozsar... Read more
17d
The Globe and Mail
Investors warm up to smaller British stocks, tooFTSE 100 recovered from the sell-off following the referendum in just four days
Investors warm up to smaller British stocks, too
The Globe and Mail / Posted 17 days ago
FTSE 100 recovered from the sell-off following the referendum in just four days, and firms including HSBC Holdings PLC and Citigroup Inc. raised their rating on Britain’s biggest stocks, citing better profit-growth prospects thanks to a weak... Read more
19d
The Morning Call
S&P, Nasdaq close at record high following positive jobs reportsteepest climb in three weeks, brightening prospects for a boost to earnings fr
S&P, Nasdaq close at record high following positive jobs report
The Morning Call / Posted 19 days ago
steepest climb in three weeks, brightening prospects for a boost to earnings from higher rates. Bank of America Corp. and Citigroup Inc. rose at least 3.5 percent. Regional banks Zions Bancorporation and KeyCorp. surged more than 3.9... Read more
6 related stories
19d
Chicago Tribune
S&P, Nasdaq close at record high following positive jobs reportsteepest climb in three weeks, brightening prospects for a boost to earnings fr
S&P, Nasdaq close at record high following positive jobs report
Chicago Tribune / Posted 19 days ago
steepest climb in three weeks, brightening prospects for a boost to earnings from higher rates. Bank of America Corp. and Citigroup Inc. rose at least 3.5 percent. Regional banks Zions Bancorporation and KeyCorp. surged more than 3.9... Read more
6 related stories
19d
Sun-Sentinel
S&P, Nasdaq close at record high following positive jobs reportsteepest climb in three weeks, brightening prospects for a boost to earnings fr
S&P, Nasdaq close at record high following positive jobs report
Sun-Sentinel / Posted 19 days ago
steepest climb in three weeks, brightening prospects for a boost to earnings from higher rates. Bank of America Corp. and Citigroup Inc. rose at least 3.5 percent. Regional banks Zions Bancorporation and KeyCorp. surged more than 3.9... Read more
6 related stories
19d
Channel NewsAsia
Citigroup beats US$800 million appeal by onetime billionaireYORK: A federal appeals court rejected a one-time Florida billionaire's bid to
Citigroup beats US$800 million appeal by onetime billionaire
Channel NewsAsia / Posted 19 days ago
YORK: A federal appeals court rejected a one-time Florida billionaire's bid to revive his US$800 million lawsuit accusing Citigroup Inc of fraudulently hiding its exposure to subprime and other toxic mortgages, inducing him to hold on to shares he... Read more
19d
Swissinfo
Citigroup Said to Buy Derivatives Portfolio From Credit Suisse(Bloomberg) -- Citigroup Inc. purchased a portfolio of credit-default swaps fro
Citigroup Said to Buy Derivatives Portfolio From Credit Suisse
Swissinfo / Posted 19 days ago
(Bloomberg) -- Citigroup Inc. purchased a portfolio of credit-default swaps from retreating rival Credit Suisse Group AG, two people familiar with the matter said. Credit Suisse disclosed the agreement to sell the contracts in its second-quarter... Read more
19d
Reuters
Citigroup beats $800 million appeal by onetime billionaireYORK A federal appeals court rejected a one-time Florida billionaire's bid to r
Citigroup beats $800 million appeal by onetime billionaire
Reuters / Posted 19 days ago
YORK A federal appeals court rejected a one-time Florida billionaire's bid to revive his $800 million lawsuit accusing Citigroup Inc (C.N) of fraudulently hiding its exposure to subprime and other toxic mortgages, inducing him to hold on to... Read more
19d
Gulf News
Now investors are warming up to smaller British stocks tooFTSE 100 recovered from the sell-off following the referendum in just four days
Now investors are warming up to smaller British stocks too
Gulf News / Posted 19 days ago
FTSE 100 recovered from the sell-off following the referendum in just four days, and firms including HSBC Holdings Plc and Citigroup Inc. raised their rating on Britain’s biggest stocks, citing better profit-growth prospects thanks to a weak... Read more
20d
Newsmax
Greenspan Put Gone Wild as Critics See Markets Hamstringing Fedit. “They used to respond, I think excessively, to what financial markets did,
Greenspan Put Gone Wild as Critics See Markets Hamstringing Fed
Newsmax / Posted 20 days ago
it. “They used to respond, I think excessively, to what financial markets did,” said Willem Buiter, chief economist at Citigroup Inc. and a former policy maker at the Bank of England. “Now they don’t act in response to the fear that they have... Read more
20d
The Globe and Mail
Goldman Sachs says Brexit could adversely affect operationsfrom Brexit would threaten the viability of its business units or its ability t
Goldman Sachs says Brexit could adversely affect operations
The Globe and Mail / Posted 20 days ago
from Brexit would threaten the viability of its business units or its ability to serve clients in the EU and the UK. Citigroup Inc said it had not experienced any significant negative impact on its results or client activity as a result of... Read more
11 related stories
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