Bloomberg News
"Although I think we performed relatively well in this challenging uneven environment, we cannot and are not satisfied with these results and will be focusing on areas where we need to continue to improve," CEO Michael Corbat told analysts.

Citi's 3Q Results Reveal Lackluster Consumer Bank Prospects

Revenue at Citi's North American retail bank fell 35% year over year and officials warned that lower mortgage originations and continued spread compression would crimp revenues in the fourth quarter, and perhaps beyond.

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