DBRS: Citigroup unchanged

DBRS Inc. said Citigroup Inc.'s issuer and senior debt rating of A and its R-1 (middle) short-term instruments rating are unchanged after the third-quarter financial results.

Citigroup reported net income of $3.8 billion for the quarter, up from $3.3 billion for the second quarter. The company reported net revenues of $20.8 billion for the quarter, up 1% from, and net credit losses also fell further in the quarter, according to the agency.

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