Citigroup’s profit rises due to strong performance in various areas, despite losses from the sale in Mexico
Citigroup Reports Strong Third Quarter Earnings On October 14, Citigroup announced that its third-quarter profits exceeded expectations, indicating robust performance across its divisions. Even with a $726 million loss due to the sale of shares in its Mexican subsidiary, profits rose significantly. Like many of its peers, Citibank experienced a boost from a rebound in […]