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‘We disagree with the many investors who say that Citi is unmanageable, unquantifiable, and/or un-investable’
Bank’s chief executive-to-be says activities will move to front office
Bank asks for time to find corporate clients to replace hedge funds in core business
Wall Street rebuilds operations under Trump’s lighter-touch regulatory regime
Analyst known for taking on chief executives at shareholder meetings to join lender
Retail unit disappoints as income from mortgage business slumps
Chinese-owned brokerage is latest victim of squeeze on research with 90 jobs to be cut
Timothy Mayopoulos keeps job at mortgage giant but Heather Russell fired over ‘conflict of interest’
Activist-analyst movement targets lumbering large institutions
Quarterly profits rise 5% to $804m as group contains costs
Results underscore how sector is struggling amid ultra-low rates and tougher regulation
Bank hit by worst quarter for bond trading since financial crisis
Bank chief allowed to keep dual role of chairman after vote
Step-change ushers in widespread belief that earnings prowess has been restored
Forum for financiers and regulators criticises conduct across sector
Bank responds to shareholder and regulatory calls for tougher industry standards
Bank scraps combined role as Brian Leach retires
Banks suffer as fixed income trading slows
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