Citigroup (C) CEO Pandit Say Bank’s Revenue Is “strong and stable”: Shares Stay Below $10

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According to Bloomberg,  Citigroup Inc. Chief Executive Officer Vikram Pandit sought to reassure employees today, saying in an internal memo that the bank’s revenue is “strong and stable” and its capital “plentiful.”’.

For some reason the stock did not react and is trading flat at $9.50.

Douglas A. McIntyre