Citigroup Q1 Results Top Estimates; CEO Fraser Says She's Bullish on US Dollar
1. Citigroup reported better-than-expected Q1 results with EPS of $1.96. 2. Equities trading revenue jumped 23% year-over-year to $1.5 billion. 3. Citigroup shares rose 1% in premarket trading post-report. 4. CEO Jane Fraser is optimistic about the U.S. dollar's future. 5. Several major banks also exceeded earnings estimates amid cautious outlook.