Citigroup made $2.9 billion from April through June and exceeded Wall Street estimates, helped by lowering the amount it keeps aside for loan losses because more of its customers paid back loans on time.
Associated Press, Los Angeles Times: Business
Mon, 07/16/2012 - 7:40am
Citigroup made $2.9 billion from April through June and exceeded Wall Street estimates, helped by lowering the amount it keeps aside for loan losses because more of its customers paid back loans on time.