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Citigroup promotes three bankers in healthcare M&A push

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By Sabrina Valle and David FrenchNEW YORK (Reuters) - Citigroup has promoted three senior healthcare investment bankers - Sumit Khedekar, Nishant Jadav and Michael...
Bussiness

Citigroup profit drops on bigger stockpiles for potential loan losses

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By Tatiana Bautzer and Manya Saini(Reuters) - Citigroup's profit fell 9% in the third quarter as it set aside more money to cover the...
Bussiness

Wall Street forms super teams to fight for $1.7 trillion private credit market

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Big banks and private equity giants are joining forces to create new Wall Street super groups, with the goal of capturing a bigger slice...
Bussiness

Wall Street just got another sign that dealmaking is on its way back

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Wall Street just got a new sign that dealmaking is making a comeback.Jefferies Financial Group (JEF) reported third-quarter results Wednesday afternoon that showed investment...
Bussiness

Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports

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(Reuters) - Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank...
Bussiness

Citigroup’s China expansion held up by US regulators, Bloomberg News reports

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(Reuters) -Citigroup's expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for...
Bussiness

US banks extend slide as investors weigh sobering outlook from executives

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By Pritam Biswas(Reuters) - U.S. bank stocks fell before the bell on Wednesday, extending a sell-off that started after executives warned of a slower-than-expected...

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