Citigroup Opportunity Widens As Basel III Regulations RelaxedVW Staff
Citigroup Inc. (NYSE:C) executives are likely to be in a jubilant mood today, after news this morning revealed that the Basel III conditions were going to be relaxed. The news is a boon to all of the major banks in the United States, but as a research note from Buckingham Research points out, Citigroup probably gains the most from the decision.
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