Citi executive says investment banking revenues will take two years to recoup.

BANKING AND CREDIT NEWS-July 3, 2020--Citi executive says investment banking revenues will take two years to recoup

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Global Banking News - 03 July 2020

According to FNLondon, Paco Ybarra, head of Citigroup Inc's (NYSE: C) Institutional Clients group, has said that it will be two years before the sector returns to growth.

The official noted that the surge in trading and record investment banking fees, observed during the...

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