(Reuters) - Revenue rose faster than expenses for a second consecutive quarter. Credit losses soared, but were in line with increases at other banks. Nearly half of profit and revenue came from international operations.
Chief Executive Charles Prince has been under pressure from many shareholders to keep costs down amid disappointment with the bank's share price. "I am more and more confident of the path we're on," Prince said on a conference call.
Read more at Reuters.com Market News
Chief Executive Charles Prince has been under pressure from many shareholders to keep costs down amid disappointment with the bank's share price. "I am more and more confident of the path we're on," Prince said on a conference call.
Read more at Reuters.com Market News
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