Moves accelerated plans for CEO Michael Corbat’s retirement
4 min read15 Sep 2020Citigroup's net income dropped to $4 billion, or $1.24 a share, from $4.85 billion, or $1.51, a year earlier
2 min read15 Jul 2016Chief executive Michael Corbat's restructuring and cost-cutting efforts paid off and the bank's legal expenses plunged
2 min read16 Jul 2015Corbat will hear whether the US Federal Reserve has blessed his 2015 capital plan after rejecting last year’s
4 min read3 Mar 2015Third quarter net income advanced 6.6% to $3.44 billion from $3.23 billion a year earlier
3 min read14 Oct 2014The sale of the businesses, a majority of which already are under way, are expected to be completed by the end of next year, says Citigroup
1 min read14 Oct 2014Citigroup's first-quarter net income climbed 3.5% to $3.94 billion from $3.81 billion a year earlier
3 min read14 Apr 2014Citigroup's fourth-quarter adjusted net income rose to $2.60 billion, or 82 cents per share but didn't match up expected earnings of 95 cents per share
1 min read16 Jan 2014Citigroup reported a $3.23 bn profit that missed analysts' estimates as bond trading slumped 26% and US mortgage revenue declined
4 min read15 Oct 2013Citigroup’s global presence greater than many US rivals’; CEO Michael Corbat says not reconsidering emerging market strategy
3 min read16 Jul 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared