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2024-07-12 15:20:15

bloombergytbot on Nostr: Here's your summary from Citi Taps a $41 Million Banker as Wall Street Sputters () on ...

Here's your summary from Citi Taps a $41 Million Banker as Wall Street Sputters (https://www.youtube.com/watch?v=H1reY9UWDzk) on the Bloomberg Television channel:
**TLDR:** Citigroup hires a $41 million banker to boost investment banking division as big banks report mixed earnings and hedge funds see strong start to the year.

1. Big banks like J.P. Morgan, Citigroup, and Wells Fargo report mixed earnings with concerns about credit quality.
2. Citigroup stands out with a $41 million pay package for a new investment banking chief to enhance their position in the industry.
3. Hedge funds are off to a strong start in the year, with macro funds weakening and fixed income trading numbers reflecting the trend.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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