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Citi beat US opponents amid Asia funding banking ache

Amid the gloom of susceptible profits and a hunch in bonuses at US banks, Citigroup’s CEO Jane Fraser stays positive in regards to the outlook for China.

“There’s the most important restoration that’s going to happen in Asia,” Fraser advised analysts after pronouncing the financial institution’s fourth quarter profits previous this month.

Fraser’s positive outlook

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This ex-UBS MD is development a excessive yield buying and selling crew in New York

2022 wasn’t a very simple yr for prime yield investors. Whilst some will definitely have achieved neatly in a troublesome marketplace, there have been additionally notable casualties, together with the EMEA excessive yield crew at JPMorgan, which reportedly suffered a $70m loss. 

There are nonetheless excessive yield task alternatives even though, together with at upstart

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