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Breaking News Sat, 16 Jul 2016
Citigroup's profit falls less than expected; trading helps
Arabnews
Attached Files:  | ID:  | 1468612255053082000 | Publication Date:  | Saturday, July 16, 2016 | NEW YORK: Citigroup Inc beat Wall Street expectations on Friday with a smaller-than-expected drop in second-quarter profit as a rebound in t...
Citigroup's profit falls 17 percent, still beats forecasts
Arizona Daily Star
NEW YORK (AP) — Citigroup's earnings fell 17 percent in the second quarter, hurt by weak results in consumer banking as interest rates remain extremely low, making lending less profitable. The results still beat analysts' forecasts. ... ...
Citigroup's profit falls 17 percent, still beats forecasts
Tulsa World
NEW YORK (AP) — Citigroup's earnings fell 17 percent in the second quarter, hurt by weak results in consumer banking as interest rates remain extremely low, making lending less profitable. The results ... ...
BRIEF-Citigroup reports credit card delinquency and charge-off rate for June
Reuters
* Credit card delinquency rate 1.47 percent at june end versus 1.44 percent at may end ...
Citigroup's profit falls 17 percent, still beats forecasts
Boston Herald
NEW YORK — Citigroup's earnings fell 17 percent in the second quarter, hurt by weak results in consumer banking as interest rates remain extremely low, making lending less profitable. The results still beat analysts' forecasts. | The New York-based...
Citigroup Q2 income falls 17% on asset sale, banking revenue decline
Detroit Free Press
Citigroup said Friday its second quarter net income fell 17% from a year ago as it continues to shed non-core assets and consumer banking revenue declined.   ... ...
BRIEF-Citigroup says allowance for loan losses of $12.3 bln at Q2 end
Reuters
* Citigroup reports second quarter 2016 earnings per share of $1.24 ...
Banking
A view of Lloyds Bank,a person making a transaction at the ATM in Market Place, Wetherby West Yorkshire England
(photo: Creative Commons / Mtaylor848)
European Markets Pare Gains After Bank of England Keeps Rate Steady
The Street
European stocks pared earlier gains in midday trading after the Bank of England maintained its rate at 0.5%, defying market expectations that the central bank would step in to calm the post-Brexit vote economy. | Most analysts had expected a 25 basis point cut to a historic-low benchmark rate after keeping the rate at 0.5% for more than seven ...
Finance
FILE - In this April 3, 2016, file photo, Katy Perry arrives at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena in Las Vegas. Perry released "Rise" on July 14, 2016.
(photo: AP / Jordan Strauss)
Katy Perry releases 'Rise,' first new song since 2013
Business Insider
FILE - In this April 3, 2016, file photo, Katy Perry arrives at the 51st annual Academy of Country Music Awards at the MGM Grand Garden Arena in Las Vegas. Perry released "Rise" on July 14, 2016. The single marks her first new music since her 2013 album, "Prism." (Photo by Jordan Strauss/Invision/AP, File) | Katy Perry has released a new single tha...



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