citigroup October 17, 2000 - Third Quarter Press Release

Citigroup reported strong third quarter results for 2000, with core income rising 27% to $3.1 billion compared to the third quarter of 1999. Key highlights included: - Global Consumer core income rose 17% to $1.32 billion, driven by growth in North American cards, mortgage banking, and Asia. - Global Corporate and Investment Bank core income increased 40% to $1.59 billion, with strong performances from Salomon Smith Barney and emerging markets banking. - Global Investment Management and Private Banking core income grew 14% to $176 million, with increased revenues across asset management, private banking, and retirement services.