Citigroup reported its third-quarter earnings, surpassing Wall Street analysts’ expectations with earnings per share of $1.51 and revenue of $20.32 billion. CEO Jane Fraser has been focusing on slimming down the bank and reducing its global presence. Investment banking and equities trading were strong performers in the second quarter. Citigroup’s shares have risen over 28% year to date, outperforming the S&P 500 and the financial sector. Stay informed with insights from CNBC PRO.
source
Discover more from GLOBALMALAYALAM.NEWS
Subscribe to get the latest posts sent to your email.
