Motilal Oswal
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Motilal Oswal
Jul 13, 2018 06:43 PM IST | Earnings

Citigroup profit beats on consumer banking strength

The third-largest US bank by assets, like its peers, also benefited from a cut in income tax rates and an expanding US economy that fueled demand for loans.
Net income rose to $4.49 billion in the second quarter ended June 30, from $3.87 billion a year earlier, driven by a 14% jump in net income for its global consumer banking.
Published Date: Jul 13th, 2018 06:43 PM | Updated Date: Jul 13, 2018 06:43 PM IST

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