Citigroup Equities Trading Revenue Hits $2.3B in Q2, Surges 45% Year-over-Year

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Citigroup's equities trading revenue hit $2.3 billion in the second quarter, surging 45% year-over-year and setting a record high about 11% above the firm's prior peak earlier this year. Multiple key business lines also exceeded Wall Street expectations. The bank is working to attract more hedge fund clients to further develop this business segment.
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