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Securities Unit Spurs Citi Profit.

Authors :
RAICE, SHAYNDI
RIEKER, MATTHIAS
Source :
Wall Street Journal - Eastern Edition. 7/16/2013, Vol. 262 Issue 13, pC1-C2. 2p. 1 Graph.
Publication Year :
2013

Abstract

The article reports on the finances of bank Citigroup Inc. after the end of the company's second quarter in June 2013, focusing on how the company's increased profits were due to strong securities trading. Topics include Citigroup's assertion that it anticipates an emerging-market slowdown that could impact business, how the company has expanded since 2009, and Citigroup's increased operating costs in 2013.

Details

Language :
English
ISSN :
00999660
Volume :
262
Issue :
13
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
89042271