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Citi’s Results Add to Banks’ Upbeat Views

The country’s biggest Main Street banks this past week gave enlivening reports about a state of a U.S. economy. The problem is that many of those banks also call Wall Street home.

Citigroup Inc. on Friday assimilated a march of banks stating neatly reduce trade and investment-banking revenue. But a banks—Citigroup, J.P. Morgan Chase Co., Bank of America Corp. and Wells Fargo Co.—were means to equivalent that with…

Article source: http://www.wsj.com/articles/citigroup-profit-plummets-as-trading-investment-banking-stall-1460721569