Citi Shares Rise After Profit Jumps 13%
- Tuesday, October 14, 2014, 8:11
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Shares of Citigroup are on the rise in early Tuesday trading after the bank posted stronger-than-expected third quarter earnings results and said that it is scaling back its consumer bank business in eleven markets abroad. In a separate release, the bank also disclosed a fraud investigation of its Mexican unit, Banamex.
http://www.forbes.com/sites/maggiemcgrath/2014/10/14/citi-shares-rise-after-profit-jumps-13/