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Citi Private Bank Q4 revenue up 3%

Driven by higher loan and deposit balances, Citigroup global private banking revenues increased by 3% year-on-year, according to its latest fourth quarter earnings report. Citi Private Bank’s global revenues increased to US$691 million against Q4 2014, though it represented a quarter-on-quarter fall from US$715 million in Q3 2015. Overall, Citigroup’s revenues rose from US$17.9 billion in the fourth quarter of…

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