Citi’s withdrawal from the consumer gold business in 13 places including Taiwan is not just for the purpose of attacking the wealthy family-Finance-Zhongshi News Network

On April 15, Citigroup of the United States announced its withdrawal from 13 consumer finance business markets including Taiwan. Citi’s statement is that they decided to put aside the consumer gold business in Asia and focus on wealth management for high-asset groups. In closer examination, there are three reasons that prompted Jane Fraser, the new … Read more

American banks will have to justify their rise on the stock market

A momentary rebound or a lasting return to favor in American banking stocks, the markets will soon be fixed. Friday January 15, the first major American banks, JPMorgan, Citigroup and Wells Fargo, will publish their results for the fourth quarter of 2020. But if the sector has largely beaten the general indices since September, thanks … Read more