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Citigroup misses estimate as revenues fall (Reuters)

3:38pm GMT, Tuesday, 18 January 2011

A Citibank sign on a bank branch in midtown Manhattan, New York, November 17, 2010. Citigroup Inc plans to spend $ 3 billion to $ 4 billion on its consumer bank to attract more business from its wealthy, urban customers, the head of its North American consumer bank said on Wednesday. REUTERS/Mike SegarReuters - Slumping revenues from trading fixed income products pushed Citigroup Inc fourth-quarter profit below expectations even as loan losses eased at the No. 3 U.S. bank.



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