Citigroup - Bull Market in International Stock Exchanges and Strong Retail and Corporate Banking Lead to Record Results!

Business drivers: Citigroup (C) is currently benefiting from the robust development in the retail and corporate banking sectors as one of the leading U.S. large banks, especially as it has recently recorded further customer acquisitions. Thanks to the bull market in international stock markets, inflows in asset and wealth management are also increasing, while in investment banking, the rising M&A activities have led to double-digit growth as well. On July 15, Citigroup surprised with better-than-expected Q2 results. Adjusted earnings per...