Citigroup expects trading revenue to plummet this quarter

Citigroup is expecting a significant drop-off in trading this quarter, as investors put off buying and selling amid a lengthy stretch of calm on Wall Street. Trading revenue is expected to decline about 15 percent for the three months ending in September compared to last year, John Gerspach, Citigroup’s chief financial officer, said during an…

Full Story Via Business | New York Post

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