Citigroup profit grows on consumer banking

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Source: Dukascopy Bank SA
Citigroup reported that its quarterly profit topped Wall Street forecasts on strength in the company's consumer banking business, though revenue missed estimates, weighed down by weaker debt underwriting.
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Fri, 13 Jul 2018 15:50:21 GMT

Wells Fargo profit below estimates on decline in loans, high expenses

Wells Fargo & Co showed in the report that its quarterly profit fell short of analysts' estimates, as expenses rose amid former missteps, while lending activity weakened, sending the company's shares down 4% in early trade.

Fri, 13 Jul 2018 15:28:06 GMT

India trade deficit widens markedly in June

India's trade deficit widened to the five-year high in the month of June, mainly driven by higher oil prices and the weaker Rupee, the country's Trade Ministry stated.

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