Capital Markets PerformanceCitigroup's capital markets performance was strong, with investment banking revenues increasing significantly year-over-year, reflecting robust growth in a key revenue segment.
Financial PerformanceA strong 15% earnings per share beat was achieved by Citigroup, with double-digit growth in services, which is a quarter of the firm's business.
Regulatory ProgressThe Fed's termination of a 2013 BSA/AML consent order with Citi is a positive development, indicating progress in resolving longstanding regulatory concerns.