Quarterly earnings fall
Source: Agencies |
July 15, 2014, Tuesday
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Print Edition
Print Edition
CITIGROUP Inc reported a 96 percent drop in quarterly earnings yesterday. The bank’s second-quarter adjusted net income was US$3.93 billion, or US$1.24 per share, compared with US$3.89 billion, or US$1.25 per share a year earlier. But total net income fell to US$181 million, or 3 cents per share, from US$4.18 billion a year earlier.
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