Citigroup - 3Q2015 profit of $ 4.29bn , up 51 % YoY , beating expectations , despite industrywide drop in bond trading and concerns about its international business . A large drop in legal expenses and customer strength outweighed a slowdown in credit cards and other assets of the bank . CEO , Michael investors confirmed the bank was on track to meet its financial obligations .
Citigroup - 3Q2015 profit of $4.29bn, up 51% YoY, beating estimates, despite industrywide drop in bond trading and concerns about its international business. A large drop in legal expenses and revenue strength outweighed a slowdown in credit cards and other parts of the bank. CEO, Michael Corbat confirmed the bank was on track to meet its financial goals.