Citigroup posts loss in ‘very disappointing’ quarter but it ‘made substantial progress’ in transformation
Citigroup Inc.’s stock was up by 1.9% in premarket trading on Friday after its profit excluding multiple one-time items beat analyst estimates. Chief Executive Jane Fraser said the quarter “was very disappointing due to the impact of notable items” but the bank made “substantial progress”…
#citigroupincs #janefraser #citigroupc #cfomarkmason #citigroup #fdic #siliconvalleybank #argentina #jpmorganchaseco #jpm