Citi posted value reductions within the third quarter because it advantages from ongoing simplification efforts. The $1.7 trillion financial institution’s complete working bills clocked in at $13.3 billion, down 2% yr over yr, in accordance with the financial institution’s Q3 2024 earnings complement. The financial institution’s expertise spend, nonetheless, elevated 1% YoY to $2.3 billion. The financial savings had been pushed […]
