Citigroup profit drops 36% as trading slump casts cloud over earnings | Business

Portugal Notícia Notícia

Citigroup profit drops 36% as trading slump casts cloud over earnings | Business
Portugal Últimas Notícias,Portugal Manchetes

Citigroup's profit tumbled 36% in the second quarter as weakness in the Wall Street bank's trading business blunted gains from its personal banking and wealth management unit. | News24_Business

Wall Street traders have hit a rough patch, joining investment bankers whose businesses have been weighed down for months by a slump in dealmaking.

While its Wall Street operations dragged, the lender's consumer business helped partly offset some of the weakness.

  • 📰 News24
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 80%
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

News24 /  🏆 4. in PT
 

Portugal Últimas Notícias, Portugal Manchetes



Render Time: 2025-01-11 18:03:56