Citi CEO Says US Personal Banking Adjusting Expenses To Increase Returns; Services Business Moves $5 Trillion Daily; Expects Continued Growth After Last Year's Record Results
Portfolio Pulse from Benzinga Newsdesk
Citi CEO announced that the US personal banking division is adjusting expenses to increase returns. The services business moves $5 trillion daily and expects continued growth after last year's record results.
June 18, 2024 | 1:12 pm
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Citi's CEO announced expense adjustments in the US personal banking division to increase returns. The services business moves $5 trillion daily and expects continued growth after last year's record results.
The announcement of expense adjustments to increase returns in the US personal banking division is likely to be viewed positively by investors. Additionally, the services business moving $5 trillion daily and expecting continued growth after record results indicates strong operational performance and future prospects.
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