Citi Adds 50 Bankers To Boost Energy Unit

Citigroup is expecting to see a boom in commodities, Reuters reports. The bank has boosted the capital allocation to its commodity business, including trading. T

The bank had reduced its exposure to commodities trading following its 2008 bailout. Citi is also boosting its energy business globally and has added about 50 bankers to its energy business.

Click here for the story from Reuters.