Tuesday, April 17, 2012

CITIGROUP INCOME DIPS

Citigroup Inc today reported 2 per cent drop in net income to USD 2.93 billion for the first three months of 2012 due to decline in investment income from capital markets operations. 

However, Citigroup's loan book rose by 12 per cent from a year earlier, to USD 514 billion in the quarter.

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