Citigroup’s commodity trading unit has beenthe winning bidder on three Deutsche Bank trading books,but Citi is not exactly bucking a trend of other banks scalingback their trading operations, a Citi executive said inan interview.Citi purchased Deutsche Bank’s North American powertrading book in early July, its base metals book in lateAugust, and, on October 20, its oil trading book, all at undisclosedprices.
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