Citigroup Profit Beats Estimates on 35% Jump in Bond Trading

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Citigroup Profit Beats Estimates on 35% Jump in Bond Trading

The firm's fixed-income traders generated $3.47 billion, beating the $2.95 billion average of seven analysts' estimates compiled by Bloomberg.
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Bank Of America Changed Its Accounting Methodology: All Eyes On Q3 Numbers

Although it is just an accounting change and it will not affect BAC's fundamentals, there is a risk that the market will be surprised negatively by BAC's
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U.K.'s May Loads Team for EU Talks With Pro-Brexit Ministers

… and the European Union; and policy on international trade,” according to an unpublished U.K. government document obtained by Bloomberg.
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Draghi Sends Corporate Yields So Negative He Can't Buy Them

Bonds from SNCF that mature in less than two years yield minus 0.38 percent, Bloomberg data show. The Paris-based company's notes that were sold
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Canada Stocks Close Higher as Crude Rebounds on U.S. Supply Data

By Eric Lam, Bloomberg News. Canadian stocks rebounded from a 1 percent selloff to post a second day of gains, as crude advanced after supplies at
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