Citigroup profit beats estimates as stock trading jumps 23%
1. Citigroup exceeded earnings expectations, reporting a 21% income jump. 2. Markets revenue rose 12%, driven by increased client trading activity. 3. Executives expressed concerns about U.S. tariff policies affecting growth. 4. Citi's investment banking fees increased by 14% in the quarter. 5. Share repurchases totaled $1.75 billion, exceeding earlier forecasts.