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Added on the 20/01/2016 16:28:47 - Copyright : Reuters EN
The investment bank's profit got hit hard by a sharp decline in fixed-income trading just like at its rivals. Profit slumped for the fourth straight quarter. Fred Katayama reports.
It's the sharpest drop among the big U.S. banks reporting so far. A fall in trading and investment banking revenue hurt Citigroup, but the results beat estimates. Fred Katayama reports.
Low oil prices slammed quarterly profit at the world's largest publicly traded oil company. Exxon plans to end buybacks and cut spending. Fred Katayama reports.
Big gains in trading fueled earnings at Goldman Sachs. Citigroup's profit shot higher as well, benefiting mostly from lower costs. Fred Katayama reports.
Big gains in trading fueled earnings at Goldman Sachs. Citigroup's profit shot higher as well, benefiting mostly from lower costs. Fred Katayama reports.
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.