Citigroup Stumbles As CFO Warns Of Second Quarter Slump In Trading Revenues

Tyler Durden's picture

Confirming earlier concerns over performance, Citigroup CFO John Gerspach warned investors at a Morgan Stanley Conference this morning that Citi's second quarter trading revenues would be down 12-13%.

 

Of course, none of that has anything to do with the stock price's performance...

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Cordeezy's picture

The stock market is going up up and up!  and they are down in trading??

 

www.escapeamazon.com

 

 

spastic_colon's picture

so citi stock price split adjusted from 15 years ago is like .25 cents

Triple A's picture

How can their trading revenue be down when these big banks never have a losing trade?

charlewar's picture

and they have unlimited access to free Fed Preserve Bunk money.

I am Jobe's picture

Sheesh, I am sure they have the Discount Window to get things moving since they own kneee pads and wear a bib . 

Scuba Steve's picture

Hey, kind of like all the Libtard fuks around here, huh?

venturen's picture

Wut...you mean printing money and giving to yourself doesn't rescue economies? Who knew.