Citigroup Profit Jumps as Volatility Drives Windfall
NEW YORK, UNITED STATES, JUL 15 – Citigroup's trading revenue rose 16% and net income hit $4 billion as market volatility and a rebound in IPOs and deals boosted second-quarter results, CEO Fraser said.
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Citigroup profit beats estimates on trading, deals windfall
By Tatiana Bautzer and Manya Saini
·Colorado Springs, United States
Read Full ArticleThe bank's credit risk provisions totaled US$2.872 billion The post Citigroup profit increased 25% in the second quarter appeared first on Monitor Mercantil.
The total income of the Citigroup increased by 8% compared to the second quarter of 2024
·Brazil
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Total News Sources9
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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