Citigroup Earnings Beat Forecasts After Bailout ; Companies Today: Banking
The Journal › October 19, 2010
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Summary
CITIGROUP posted earnings of pounds 1.4bn as the sector's third- quarter reporting season continues to beat expectations.
Citigroup - 12% owned by the US government after being bailed out during the financial crisis - said profits were helped by a sharp fall in bad debts, with provisions dropping to their lowest level since the second quarter of 2007.See the full content of this document
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Citigroup Earnings Beat Forecasts After Bailout ; Companies Today: Banking
Earnings from the Wall St...
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