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Why US Banks Could Seek Loan Book Expansion in Europe and Asia

Why US Banks Could Seek Loan Book Expansion in Europe and Asia

After amendments to the Tax Cuts and Jobs Act, the US dollar has seen a downward trajectory with expectations of a higher fiscal deficit. The Trump administration is now entering into aggressive trade wars with China and even some European countries. Among major bankers, Citigroup (C) has a fairly diversified revenue stream from the perspective of its regional spread.