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Citigroup Says Its Predecessors Benefited From Slavery
Posted inBanking and Financial Institutions Citigroup Inc History (Academic Subject) Race and Ethnicity Reparations Slavery (Historical)

Citigroup Says Its Predecessors Benefited From Slavery

The bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties rather than direct profits.
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Posted by By Emily Flitter
Microsoft and Alphabet Face an Investor Test on AI
Posted inCitigroup Inc Federal Reserve System internal-storyline-no Meta Platforms Inc Microsoft Corp Morgan Stanley Stocks and Bonds United States Economy

Microsoft and Alphabet Face an Investor Test on AI

Microsoft and Alphabet will report results on Tuesday, as investors look for signs that a rally in stocks tied to artificial intelligence is justified.
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Posted by By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J.
China’s Economy is Slowing, Posing a Challenge for Global Growth
Posted inChina Citigroup Inc Economic Conditions and Trends internal-storyline-no International Relations Morgan Stanley Peking University

China’s Economy is Slowing, Posing a Challenge for Global Growth

New data published on Monday shows a post-pandemic recovery has not materialized after restrictions were lifted last year.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits
Posted inBanking and Financial Institutions Citigroup Inc Company Reports JPMorgan Chase & Company United States Economy Wells Fargo & Company

JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits

Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty jump from the same period last year.
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Posted by By Rob Copeland and Stacy Cowley

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