Oct 12, 2018
NEW YORK | Citigroup profit rises to $4.6 billion, beats Street views
NEW YORK | Citigroup profit rises to $4.6 billion, beats Street views
NEW YORK — Citigroup said Friday that its third-quarter profits rose 12 percent from a year earlier, as the banking conglomerate was able to cut expenses and benefited from lower taxes.
The New York-based bank earned $4.62 billion in the third quarter, up from $4.13 billion a year ago. Citi earned a profit of $1.74 per share, which was better than the $1.68 a share that was expected according to…
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