Citigroup Tops Q2 Earnings Estimates Amid Rising Interest Rates
Citigroup (NYSE: C) reported better-than-expected second-quarter earnings on Friday, surpassing analyst expectations, amid rising interest rates and positive trading results. The bank’s shares rose 8% during early morning trading. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”C” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”C” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] Citi CEO Jane Fraser said, “While …
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