Michael Corbat

Market Volatility Reduces Citigroup Revenue
Financial Performance

Market Volatility Reduces Citigroup Revenue

The year-end gyrations on Wall Street pushed corporate and investor clients to “the sidelines, waiting for some clearer market conditions."
By Matthew Heller | January 15, 2019
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Citigroup Takes $22B Charge on Tax Law Adjustments
Tax

Citigroup Takes $22B Charge on Tax Law Adjustments

The bank's earnings excluding the tax items beat estimates, with consumer banking posting a particularly strong quarter.
By Matthew Heller | January 17, 2018
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Citigroup Profit up 8% to $4.1B, Earnings Beat
Investment Banking

Citigroup Profit up 8% to $4.1B, Earnings Beat

Every business in Citi's investment banking unit saw healthy growth in the third quarter except fixed-income trading.
By Matthew Heller | October 13, 2017
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Citi Earnings Beat Estimates With 17% Gain
Investment Banking

Citi Earnings Beat Estimates With 17% Gain

“The momentum we saw across many of our businesses towards the end of last year carried into the first quarter," CEO Michael Corbat says.
By Matthew Heller | April 13, 2017
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Citi’s Q1 Revenue, Earnings Beat Expectations
Strategy

Citi’s Q1 Revenue, Earnings Beat Expectations

The bank believes it is on the right track for the long term as it restructures to focus on more profitable businesses.
By Katie Kuehner-Hebert | April 15, 2016
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Citi Sells OneMain to Subprime Lender
Credit

Citi Sells OneMain to Subprime Lender

Citi has now sold more than 60 businesses and reduced assets in its "bad bank" Citi Holdings by more than $700 billion.
By Katie Kuehner-Hebert | March 3, 2015
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