Citigroup logs 4% net income boost

Posted online April 14, 2014 | 6:44 am

Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses.

The company brought in $4.15 billion profits during the first quarter, compared to $4 billion a year earlier, according to Fox Business.

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