Citi first-quarter profit falls 32 pct
Trade the News
Monday April 18, 2011 03:07:12 PM GMT
CITIGROUP/EARNINGS (URGENT)
NEW YORK, April 18 (Reuters) - Citigroup Inc's first-quarter profit fell 32 percent as the bank lost less money on bad loans but struggled to grow its business.
The third-largest U.S. bank said on Monday it earned $3.0 billion, or 10 cents per share. That compared with $4.4 billion, or 15 cents per share, a year earlier. (Reporting by Maria Aspan; editing by John Wallace)
(c) Copyright Thomson Reuters 2011. Click For Restrictions. http://about.reuters.com/fulllegal.asp
