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Published in TZ Latest News 14 July, 2017 by The TZ Newswire Staff

Citigroup Beats on 2Q, Despite Trading Slip

Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan portfolio.

Earnings were $1.28, compared with the Street at $1.21, and revenue was also above the Street at $17.9 billion, versus $17.5 billion expected.   The overall revenue growth came as North America’s top line was up five percent and emerging markets were up 10 percent.

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