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July 19, 2012updated 04 Apr 2017 3:37pm

Citi Q2 revenues dip 1%, up 3% year-on-year

Citi Private Bank revenues were to $570m as at 30 June, representing a 3% year-on-year growth, compared with $555m as at 31 March 2011.

By Lizabeth Davis

Citi Private Bank revenues were to $570m as at 30 June, representing a 3% year-on-year growth, compared with $555m as at 31 March 2011.

This was largely due to lending and deposits in North America, the bank said.

However, revenue fell by 1% on a quarter-on-quarter basis, from $576m to $570m in June 2012.

The private bank did not report net income or updated asset under management figures.

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