Morningstar's Jim Leonard explores how well Citi has managed to clean up its balance sheet since the depth of the crisis.
The Fairholme manager describes the thesis behind the fund's recent purchase of Citigroup stock.
DoubleLine CEO, CIO, and portfolio manager Jeffrey Gundlach says if Citigroup was too big to fail, then so much greater is the risk for asset managers operating with multiples of that market cap.
Morningstar's Jaime Peters breaks down Citi and J.P. Morgan's results plus what to expect for BofA and Wells Fargo on Wednesday.
The transaction involves approximately 3,000 accounts and $1.7 billion in assets under administration, which represent non-target business for Citi Private Bank's trust business.
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