$Citigroup(C)$ With the cost c

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06-12

$Citigroup(C)$ With the cost cutting measures over the past year and the drop today, chances are high for a good form of run in the coming days. The high interest rate will lead to a continued high net interest margin for the bank and as long as delinquency rates are kept low, it should augur well for the company. Contribution from investment banking will likely still be affected as companies delay their IPOs but it should perform better compared to previous quarters

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