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C » Topics » Regional Consumer Banking (RCB) deposits grew $31 billion or 12% in 2009

This excerpt taken from the C 8-K filed Jan 19, 2010.
Regional Consumer Banking (RCB) deposits grew $31 billion or 12% in 2009. Full year managed revenues declined 6% to $29 billion, reflecting an 11% decline in average assets versus 2008.  This revenue decline was more than offset by expense declines of 12% (excluding a fourth quarter 2008 goodwill impairment). High credit costs continued to affect financial results.

 

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