Financing History: How Citigroup Grew Into a Banking Powerhouse
Citigroup (C) - Get Citigroup Inc. 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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