Citigroup fell more than 2.3% to $64.48. According to the news, Citi's third-quarter revenue was US$20.32 billion, up 0.9% year on year, exceeding market expectations; net profit was US$3.2 billion, down 9% year on year. Net interest income for the period was US$13.4 billion, down from US$13.5 billion in the second quarter and US$13.8 billion in the same period last year. Due to increased losses in the credit card business, Citi recorded a provision of 2.7 billion US dollars during the period.

Zhitongcaijing · 10/15 13:57
Citigroup fell more than 2.3% to $64.48. According to the news, Citi's third-quarter revenue was US$20.32 billion, up 0.9% year on year, exceeding market expectations; net profit was US$3.2 billion, down 9% year on year. Net interest income for the period was US$13.4 billion, down from US$13.5 billion in the second quarter and US$13.8 billion in the same period last year. Due to increased losses in the credit card business, Citi recorded a provision of 2.7 billion US dollars during the period.