Citi marks drop in Markets revenues in Q3 2022
Citigroup Inc today reported its financial results for the third quarter of 2022, with Markets revenues of $4.1 billion, down 7% year-on-year.
Citigroup Inc today reported its financial results for the third quarter of 2022, with Markets revenues of $4.1 billion, down 7% year-on-year.
This determination follows the acquisition of Citigroup Pty Limited’s consumer banking business by NAB in June 2022.
The CDPP has withdrawn charges against Citigroup, Deutsche Bank AG and four senior banking executives.
The SFC has imposed a $348.25 million fine on Citigroup Global Markets Asia Limited for regulatory failures over client facilitation activities.
Citigroup saw its Markets and Securities Services revenues fall to $4.0 billion in the final quarter of 2021.
Citi saw Markets and Securities Services revenues of $4.8 billion in Q2 2021, down 30% from the year-ago quarter.
Citi posted Markets and Securities Services revenues of $6.7 billion for the first quarter of 2021, up 2% from the year-ago period.
Citigroup registered Markets and Securities Services revenues of $4.5 billion in Q4 2020, up 13% from the year-ago quarter.
From November 2012 to November 2017, Citigroup Global Markets omitted about 24,800 required disclosures in 16,850 equity research reports.