Tag: Michael Corbat

Activity, Trading

Citigroup earnings beat on better-than-expected trading results

October 15, 2019


Citigroup on Tuesday reported third-quarter earnings and revenue that topped projections as stronger-than-expected trading results made up for weaker lending margins. Here’s how the bank fared compared to Wall Street expectations: Earnings: $1.97 per share vs $1.95 per share expected […]

Capital and Risk, Credit

The Wall Street Journal: Citigroup’s credit-card growth plans hit a snag

November 13, 2017

Via: Market Watch

One of the bright spots in Citigroup Inc.’s turnaround strategy is starting to lose a little luster. For years, the New York-based bank C, -0.25% has steadily grown its card business, boosting loans and investing heavily despite problems elsewhere that […]