18Oct/102:29 PM
Video: Bove Sees Citigroup Shares Doubling in `Couple of Years': Video
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Oct. 18 (Bloomberg) -- Richard Bove, an analyst at Rochdale Securities, talks with Bloomberg's Lisa Murphy about Citigroup Inc.'s third-quarter results and the outlook for the bank, which is 12 percent-owned by U.S. taxpayers. Citi said said profit surged, beating analysts estimates as the company reduced loan-loss reserves by $1.99 billion. Net income was $2.17 billion or 7 cents a share. (Source: Bloomberg) |
