Big gains from investment banking and other market-related businesses propelled third-quarter profits to double-digit gains at the biggest U.S. banking companies to report on Tuesday, but credit quality continued to sound alarm bells.

Citigroup said profits rose 27%, to $3.09 billion, on solid gains from corporate and investment banking and consumer operations. Earnings per share of 67 cents beat the consensus estimate of Wall Street analysts by 2 cents.

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