View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
October 19, 2010

WBrief: Citi PB revenues slightly down

By Spear's

Citi Private Bank’s revenues in the third quarter were $497 million, down $15 million, or 3 per cent, from the previous quarter. Revenues year-to-date versus the same period in 2009 remained flat at $1.5 billion, the bank reported yesterday.

Citi Private Bank’s revenues in the third quarter were $497 million, down $15 million, or 3 per cent, from the previous quarter. Revenues year-to-date versus the same period in 2009 remained flat at $1.5 billion, the bank reported yesterday.

Parent Citigroup reported third quarter net income of $2.2 billion or $0.07 per diluted share, marking its third consecutive quarterly operating profit. Citigroup income from continuing operations, which excludes an $800 million pre-tax ($435 million after-tax) loss on the previously announced sale of The Student Loan Corporation, was $2.6 billion or $0.08 per diluted share in the third quarter of 2010. In the first nine months of 2010, Citigroup earned $9.3 billion of net income and $9.6 billion of income from continuing operations.

To read the full story, visit wealthbriefing.com

Content from our partners
Abu Dhabi: How the 'capital of capital' became a magnet for UHNWs
Abu Dhabi Finance Week in the 'Capital of Capital'
Experience Seekers: The Future of Luxury Travel

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network