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Finance & Markets

Citi's Fraser: China License Gives Bank Edge on Rivals

Jane Fraser, Chair and CEO of Citi, says securing a securities license in China completes the bank’s product offering in the country and gives it an edge over rivals. She speaks with Stephen Engle on the sidelines of the Citi China Conference in Shanghai. (Source: Bloomberg)

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Oil Prices Plunge Below $92 as Trump Signals Restraint on Iran

Crude oil prices dropped to less than $92 per barrel for Brent and $86 for WTI following reports citing President Trump as not planning to attack Iran “at this point”.

  • Oil prices drop below $92 per barrel
  • U.S. signals restraint on Iran attack
  • OPEC production up 1.38 million barrels daily

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