Citigroup 3Q profit rises on investment banking, lower taxes

Citigroup 3Q profit rises on investment banking, lower taxes

Citigroup Inc reported higher-than-expected earnings on Tuesday off the back of its global consumer business, showing consumer spending and sentiment remain high. The New York-based bank said it made key gains from its institutional clients. Trading revenue rose 6% while investment banking revenue rose 4%.

Chris
Chris
Top in Business
Get the App