It made money on Institutional Client Services, such as executing trades.

机构客户服务(如执行交易)也实现了盈利。

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Private Client Services net earnings declined 6%, while Corporate and Institutional Client Group plummeted 49%.

FORBES: Be Bullish On Merrill

Sterling Smith, commodity trading adviser and vice president, commodity research, Citibank Institutional Client Group, is bearish gold.

FORBES: Survey Participants Have Mixed Outlook For Gold Prices Next Week

Technically, gold is quietly consolidating at the moment, said Sterling Smith, futures specialist with Citi Institutional Client Group.

FORBES: Comex Gold In Narrow Range While Awaiting FOMC Outcome