Citigroup announced that its Regional Consumer Banking division, which houses Citi Personal Wealth Management, posted net income of $1.45 billion on revenue of $8.2 billion. In the same period last year, net income was $1.3 billion on revenue of $8.1 billion.
Citigroup does not break out specific numbers for its advisor force in quarterly earnings announcements. But it has made recent news in revamping its advisory unit and deciding to hire at least 30 new advisors this year.
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