Citi Logs Best Returns in Five Years as Fraser Revamp Takes Hold
Citigroup Inc. traders rode a wave of volatility to push the Wall Street bank to its highest quarterly revenue in a decade, notching another success for Chief Executive Officer Jane Fraser’s turnaround plan.
JPMorgan and Citi Beat Estimates
- JPMorgan profit beats estimates on record trading haul, strong dealmaking CTV News —
- Citi profit jumps 42% as market volatility lifts trading revenue CTV News —
- Citigroup GAAP EPS of $3.06 beats by $0.43, revenue of $24.63B beats by $1.04B Seeking Alpha —
- JPMorgan profit beats estimates on record trading haul RTE —
- Wall Street rakes in record profits — but JPMorgan CEO Jamie Dimon flags risks NY Post —