Citigroup profit jumps 51% as costs fall
Net income rose to US$4.29 billion, or US$1.35 per share, in the third quarter from US$2.84 billion, or 88 cents per share, a year earlier, when the bank had taken a near US$2 billion charge for litigation and restructuring costs. Excluding CVA/DVA, earnings were $1.31 per share,...
Posted On Oct 15 2015