Friday's Headlines: Citigroup Makes Push Into Derivatives, Clearing

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Citigroup is expanding into listed derivatives and third-party clearing. [Hedgeweek]

Credit Suisse's ballooning headcount has come at a steep price as higher compensation cuts into revenues. [Financial News]

RBS stands to be hardest hit by new rules on bonuses in the UK. [Bloomberg Businessweek]

Bank of America is cutting some wealth advisers loose and replacing part of its investment advice offering with videoconferencing. [InvestmentNews]

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