Morning Scan: Citi Surprises; More Say on Executive Pay

04/14/14

Breaking News This Morning ...

Citi Earnings: Citigroup reported a 4% rise in quarterly profits year-over-year, besting analyst estimates. Similarly to Wells Fargo, however (see below), revenue at Citi fell slightly year-over-year. Wall Street Journal, New York Times Receiving Wide Coverage ...

Wells, JPM Earnings, Take Two: A few news outlets are out with second takes on Friday morning's bank earnings. (Quick recap: Wells was up; JPMorgan Chase was down.) "Wells Fargo's ascension punctuates the industry upheaval that...

[more]