Citigroup, Bank of America Disappoint on Earnings
Posted on January 17, 2013 at 11:11 AM EST
Citigroup (NYSE: C ) released its earnings today and the results aren't pretty. Revenue estimates were right on par. The average estimate was $18.82 billion for the quarter, Citi hauled in $18.2 billion -- virtually in line. However, earnings were far below expectations. The average estimate for earnings