Citigroup’s personal banking and wealth management (PBWM) revenues fell one percent in Q1 2022.
Revenues in this division fell from $5.99 billion at the end of Q1 2021 to $5.91 billion at 31 March 2022.
The US-headquartered firm attributed this decline to lower non-interest related revenues.
In the global wealth management division, revenues were also down one percent year-on-year.
This fell from $1.95 billion to $1.92 billion, which Citi said was pri...
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