Citigroup's first-quarter earnings jump

April 16, 2015 12:16 PM

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Citigroup (ticker: C), the nation's fourth-largest bank by assets, said Thursday that first-quarter earnings jumped to $1.51 per share, vs. $1.23 a year earlier.

"While some businesses faced revenue headwinds, we grew loans and deposits in our core businesses and gained wallet share among our target clients," said Citi CEO Michael Corbat in a statement. "We were pleased that the Federal Reserve did not object to our capital plan so we can now begin meaningfu...

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