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Seminole Red

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Re: Theo post# 7883

Monday, 04/19/2010 8:49:03 AM

Monday, April 19, 2010 8:49:03 AM

Post# of 12428
News Alert
from The Wall Street Journal


Citigroup reported profit of $4.4 billion in its first quarter on revenue of $25.4 billion. It's the banking giant's highest net income since second quarter 2007.

The bank cited strong trading of bonds, equities and other securities for its big profit. Citigroup, one of the hardest hit banks during the credit crisis and recession, said loan losses fell for the third consecutive quarter.

http://online.wsj.com/home-page?mod=djemalertNEWS

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