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Inside Citigroup’s Most Mysterious Business

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Citigroup's services division operating in many countries around the world with liquidity and payments services, trade finance, and serving hundreds of companies generates about half of its profits, is growing at 8% and was growing at 20% even in the middle of the 2009 financial crisis. This shows a return to normalcy in operating banks after decades of operating in financial speculative businesses in markets for profits. Returns on this services division of Citigroup are around 20%. It is a return to sanity in the financial world, when banks operate in the way they are supposed to operate to service the economy and business, not to financially engineer profits. 



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