Citigroup's profit fell 9% in the third quarter as it set aside more money to cover the risk of loan defaults, particularly ...
Citigroup posted a smaller-than-expected drop in profit for the third quarter thanks to gains in investment banking, sending ...
In recent days, U.S. markets have shown notable strength, driven by a mix of solid earnings reports and positive economic ...
Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago ...
Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own ...
The bank saw larger net credit losses in cards and increased its reserve by $315 million, while net income fell 9% in the ...
Citigroup Inc. said investment banking revenue rose 31% to $934 million in the third quarter, driven by investment-grade debt issuance. In markets, overall revenue was up 1% to $4.817 billion, as ...
Citi reported third-quarter earnings per share of $1.51, beating analysts’ estimates of $1.31. Net income declined to $3.2 billion from a year ago; analysts polled by FactSet had forecast $2.55 ...
The sell side has subdued expectations for BofA's Q3 earnings. In terms of relative sector performance, Citigroup has been a ...
Citi’s net income dropped to $3.2-billion, or $1.51 per share, compared with $3.5-billion, or $1.63 per share, a year earlier ...
Citigroup reported third-quarter earnings and revenue that surpassed analyst expectations, sending its shares up 2.2% in ...
NEW YORK (AP) — NEW YORK (AP) — Citigroup Inc. (C) on Tuesday reported third-quarter net income of $3.24 billion. The bank, based in New York, said it had earnings of $1.51 per share. The results ...