FILE PHOTO: The Citigroup Inc (Citi) brand is seen on the SIBOS banking and monetary convention in Toronto, Ontario, Canada, Oct. 19, 2017. REUTERS/Chris Helgren/File Photograph

The Red Tea Detox

(Reuters) – Citigroup Inc reported a 2 % rise in quarterly earnings on Monday, as funding banking income surged and internet curiosity margin expanded.

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Web earnings rose to $4.71 billion, or $1.87 per share, for the primary quarter ended March 31 from $4.62 billion, or $1.68 per share, a 12 months earlier.

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Income fell 2 % to $18.58 billion.

Analysts have been in search of a revenue of $1.80 per share on income of $18.63 billion, in response to IBES information from Refinitiv. It was not instantly clear if the revenue quantity was comparable.

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Reporting by Imani Moise in New York and Sidharth Cavale in Bengaluru; Enhancing by Anil D’Silva

Our Requirements:The Thomson Reuters Belief Ideas.


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