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9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

How Citigroup Is Expanding Its Balance Sheet amid Reducing Risk

Robert Karr
Updated
How Citigroup Is Expanding Its Balance Sheet amid Reducing Risk

Citigroup’s (C) balance sheet expansion continued in 1Q18 helped by deposits, growth in assets under management, and credit card lending partially offset by the disposal of legacy assets and repurchases. The bank is targeting higher ROE (return on equity) by improving operating performance and engaging in buybacks. Its return on average equity rose to 9.7% in 1Q18 from 7.4% in 1Q17 mainly due to higher revenues, lower credit costs, and lower taxes.

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