AlQa'dah 20, 1432, Oct 18, 2011, SPA - Banking giant Citigroup Incorporated on Monday reported a higher third-quarter net income as it set aside less money to cover bad loans. Citigroup, the third-largest U.S. bank by assets, reported net income of $3.8 billion, or $1.23 per share, up from $2.2 billion, or 72 cents per share, a year ago.
