Strong Q1 forex results from US banks

NEWS

Citigroup announced record fixed-income markets revenues of $3.15 billion, up 8% on the same period last year. Charles Prince, chief executive officer at Citigroup, said the overall results included strong growth in client activity across many franchises. "We are seeing the benefits from our investment spending, which helped generate record revenues in our international businesses and record revenues globally in our corporate and investment banking business," he said. "Strength in these

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