Citigroup raises $5bn and Amex dashes for cash

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Citigroup raises $5bn and Amex dashes for cash

A Citibank logo sign in downtown Washington, D.C., on July 11, 2015. Citibank is the consumer division of Citigroup.

◆ Volatility spikes across markets and asset classes ◆ Citi differentiates from peers by funding at short end too ◆ Amex shows demand for FIG bonds as it issues senior and subordinated debt with negative NIP

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