Citi Q3 Profit Surges 40% on Investment Banking, Wealth Strength

Citi reported Q3 net income of $5.25B, up 40% YoY, with revenue up 8% to $23.85B, its best Q3 in a decade. Growth driven by investment banking, services, and wealth management. Signals continued strength in capital markets and fee income, supporting positive sentiment for financials.