Financing History: How Citigroup Grew Into a Banking Powerhouse

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Citigroup (C) - Get Report  reported its Q2 2019 results on Monday, July 15.

Here are the highlights:

  • The global bank beat Wall Street's expectations, with results boosted by a jump in fixed income trading and cost-cutting
  • The bank reported Q2 earnings of $1.95 per share
  • Revenue came in at $18.76 billion, exceeding the $18.5 billion estimate
  • Its stock is up nearly 40% year to date

Watch the video above to find out more about this banking powerhouse's history and how it got its start. 

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