Citi Reports Record Revenue Led by International Transactions
The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.
Q4 Earnings: Goldman Beats Street; Net Income Falls
In fourth-quarter 2011, Goldman Sachs earned $1 billion, or $1.84 per share, from October through December, beating analysts' estimate of $1.28 per share.
Q4 Earnings: Citi Misses Earnings on Lower Results
At Citigroup, loans improved, but sales and profits–including those from its Morgan Stanley Smith Barney joint venture–declined year over year.