Citigroup's fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup said it identified the cause of the flash crash and rectified the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup He said net income in the fourth quarter was down more than 21% from a year ago as the downturn in investment banking outweighed the benefit from higher interest …

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses Read More »