Citigroup Q3 profits reach 5.3B

Citigroup, the American banking group, announced an increase in its profits for the third quarter of this year, reaching $5.3 billion compared to $3.75 billion in the same period last year, representing a 43% increase. Its revenues also grew by 7.9% annually to $23.8 billion. In response to investor demands, the company achieved positive financial results due to improved economic performance and a boost in its banking activities.

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