Citi results beat Wall St estimates on investment banking
RTE
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Citigroup has today beaten Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as the bank benefited from robust trading income in a volatile market and strong investment banking fees.
Wall Street Banks Smash Profit Records
- JPMorgan Sees Record Profit as Stock-Trading Climbs 86% Bloomberg —
- JPMorgan Chase racks up biggest profit ever for a US bank as dealmaking sizzles across Wall Street NY Post —
- JPMorgan Chase profits jump on strong investment bank results IOL —
- Big Banks’ Profits Surge After a Red-Hot Quarter on Wall Street Wall Street Journal —
- Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom The New York Times —