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Weak trading slams Citigroup's revenue

Monday, January 14, 2019 - 00:58

Citigroup reported a surprise drop in quarterly revenue due to a steep decline in its fixed income trading business. But as Fred Katayama reports, profit surged higher as the bank cut costs.

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Citigroup reported a surprise drop in quarterly revenue due to a steep decline in its fixed income trading business. But as Fred Katayama reports, profit surged higher as the bank cut costs.

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Weak trading slams Citigroup's revenue

Monday, January 14, 2019 - 00:58