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Goldman Sachs Surges on Strong Equities Trading, Beats Profit Expectations

Goldman Sachs Group Inc. has exceeded profit expectations, driven by a substantial surge in revenue from its equities-trading unit. The robust performance in the...

Citigroup Reveals Substantial One-Time Charges and Reserves Amid Ongoing Restructuring

Citigroup (C) is navigating a complex restructuring process, and the financial giant has disclosed that its upcoming fourth-quarter earnings report, slated for Friday, will...

Citigroup to Withdraw from Distressed Debt Trading in Ongoing Restructuring Efforts

Citigroup Inc. has made the strategic decision to exit the distressed-debt trading sector as part of CEO Jane Fraser's ongoing efforts to reshape the...

Nigeria’s Central Bank Chief Unveils Strategies to Tackle Inflation and Stabilize Naira

In a comprehensive speech to bankers on Friday, Nigeria's Central Bank Governor, Olayemi Cardoso, pledged to restore price stability and shore up the country's...

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