thewealthnet     About Us    |    FAQs    |    Contact Us
  Advanced Search       RSS Feed  twitter  linkedin 
Welcome to thewealthnet    |   Europe, Middle East & Africa Get The App   |   Login
  Tue 23rd Oct 2018  |    Make this my homepage  
Subscribe now!
Credit Cards Accepted
World Map
Citi increases private banking revenues
16/04/2018 , News Team

Citi has reported revenues for its private bank of $904 million for the first quarter of 2018, a year on year increase of 21 percent.

The US bank said the increase was due to “growth in clients, loans, investments and deposits, as well as improved deposit spreads.”

No other breakdown for the private bank was provided. The private bank sits within the Institutional Clients Group, alongside treasury and trade solutions, corporate lending, equity markets, securities services, investment banking and fixed income markets. The latter two businesses reported revenue decrease while the rest all reported increases. These increases offset the decreases leading to the entire division reporting revenues of $9.8 billion, up six percent.


Share with Linkedin Share with Twitter
Poor   Average   Good   Excellent
thewealthnet archives contain 50,334 articles dating back to 1997,making it the largest single source of information on the wealth management industry world-wide. To search for more articles, please click here.


© This article originally featured on thewealthnet. It is protected by international copyright law. If you copy this article illegally, you will be liable to prosecution. All rights in and relating to this article are expressly reserved. No part of this article may be reproduced, stored in a retrieval system or transmitted in any form or by any means without written permission from the publishers.

    Latest Headlines:    by Topic | All News
  Advertise   |   Contribute   |   Press Release   |   Terms of Use   |   Privacy   |   Contact Us Copyright Pam Insight Ltd., All Rights Reserved