Top

Former Maryland Insurance Agent Pleads Guilty to Stealing $369K

Puerto Rican bank sues Fed for $150M in damages

JP Morgan and fellow Viva Wallet shareholder WeRealize exchange lawsuits

Barclays slashes 5,000 jobs in cost-cutting effort

Sen. Warren draws more support for crypto crackdown bill

Tag: Citigroup’s earnings

Activity, Investment Banking

Citigroup beats analysts’ profit estimates as bank releases money set aside for loan losses

January 15, 2021

Via: CNBC

Citigroup on Friday posted fourth-quarter results that beat analysts’ estimates for profit as the firm joined rival JPMorgan Chase in releasing reserves for loan losses. Citigroup said earnings fell 7% to $4.63 billion, or $2.08 a share, compared with the […]