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Citigroup’s Wealthy Clients Are Snapping Up Structured Notes

  • Rich clients also buying dividend stocks, Citi’s Bailin says
  • ‘We see a lot of interest in Brazil,’ says private bank CIO
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Just one day to digest everything. That’s all David Bailin, chief investment officer of Citigroup Inc.’s private bank, wanted after last week.

Saturday would be eaten up by writing about the markets, but on Sunday, he’d finally be able to take a deep breath and reflect on how much the world had changed in such a short time.