Monday, January 14, 2019

Citigroup Turns To Profit In Q4, Beats View; But Revenues Miss

Citigroup Inc. on Monday reported a turnaround to profit in the fourth quarter as the year-ago quarter's results included the impact of a hefty charge related to the U.S. tax reform. The latest quarter's results also benefited from a reduction in expenses, lower cost of credit and a lower effective tax rate that helped offset a decline in revenues.

from RTT - Earnings http://bit.ly/2H8JQDi
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