Tuesday, April 20, 2010
Tomoeh Murakami Tse, Washington Post,
Tomoeh Murakami Tse, Washington Post,
Citigroup reports $4.4 billion profit for first quarter of 2010
NEW YORK -- Citigroup said Monday that it earned $4.4 billion in the first quarter, the biggest quarterly profit for the New York banking giant in almost three years.
The results at Citigroup, which was hit hard by the credit crisis, provide the latest evidence that the nation's largest banks are rebounding. Last week, J.P. Morgan Chase and Bank of America reported solid results.
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Posted by Editor on 04/20/10 at 11:29 AM •
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