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Traders trounce bankers in ‘solid’ quarter for Citigroup

Fixed income and equities trading teams both see gains in latest results

Traders trounce bankers in ‘solid’ quarter for Citigroup
Photo: iStockPhoto

Bond and stock traders at Citigroup generated higher revenues during the third quarter than a year ago, helping the Wall Street firm’s investment bank to keep revenues consistent despite a subdued performance in other parts of the business.

The bank followed Wall Street rival JPMorgan on Friday in publishing results for the three months to September 30.

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