Breaking News

Citigroup profit rockets

Citigroup posted a 42 percent jump in quarterly profit as bond trading revenue gained and stronger home prices helped the bad mortgages on its books.The bank is healing after it sought bailouts in 2008 and 2009. Second-quarter net income rose to $4.18 billion, from $2.95 billion in… …read more
Source: NY Post

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Posted by on July 16, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.