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Fitch: Citi's 2Q'15 Reports Solid Quarter

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CHICAGO--(BUSINESS WIRE)--Citigroup (Citi) reported a 1.01% return on assets (ROA) in the second quarter of 2015 (2Q'15), and within the company's target of 90 basis points (bps) to 110 basis points, according to Fitch Ratings. Controlled expenses and a higher loan loss reserve release were partially offset by lower revenues on a linked-quarter basis. Results also reflected the absence of any large legal or repositioning charges, and a profitable quarter for Citi Holdings. Over the past couple

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