Citibank 2015 Annual Report Download - page 43

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Income from continuing operations by region
North America $ 3,621 $ 4,113 $ 3,081 (12)% 33%
EMEA 2,288 2,034 2,554 12 (20)
Latin America 1,328 1,345 1,606 (1) (16)
Asia 2,214 2,042 2,184 8(7)
Total $ 9,451 $ 9,534 $ 9,425 (1)% 1%
Average loans by region (in billions of dollars)
North America $ 125 $ 111 $ 98 13% 13%
EMEA 59 58 55 25
Latin America 39 40 38 (3) 5
Asia 62 68 65 (9) 5
Total $ 285 $ 277 $ 256 3% 8%
EOP deposits by business (in billions of dollars)
Treasury and trade solutions $ 392 $ 380 $ 380 3% —%
All other ICG businesses 195 175 189 11 (7)
Total $ 587 $ 555 $ 569 6% (2)%
ICG Revenue Details—Excluding CVA/DVA and Gain/(Loss) on Loan Hedges
In millions of dollars 2015 2014 2013
% Change
2015 vs. 2014
% Change
2014 vs. 2013
Investment banking revenue details
Advisory $ 1,102 $ 949 $ 851 16% 12%
Equity underwriting 902 1,246 1,059 (28) 18
Debt underwriting 2,539 2,512 2,504 1—
Total investment banking $ 4,543 $ 4,707 $ 4,414 (3)% 7%
Treasury and trade solutions 7,767 7,767 7,720 —1
Corporate lending—excluding gain (loss) on loan hedges (1) 1,694 1,749 1,518 (3) 15
Private bank 2,860 2,660 2,494 87
Total banking revenues (ex-CVA/DVA and gain (loss)
on loan hedges) $ 16,864 $ 16,883 $ 16,146 —% 5%
Corporate lending—gain/(loss) on loan hedges (1) $ 323 $ 116 $ (287) NM NM
Total banking revenues (ex-CVA/DVA and including gain (loss)
on loan hedges) $ 17,187 $ 16,999 $ 15,859 1% 7%
Fixed income markets $ 11,346 $ 12,148 $ 13,625 (7)% (11)%
Equity markets 3,128 2,774 2,815 13 (1)
Securities services 2,130 2,048 1,974 44
Other (312) (574) (606) 46 5
Total Markets and securities services (ex-CVA/DVA) $ 16,292 $ 16,396 $ 17,808 (1)% (8)%
Total ICG (ex-CVA/DVA) $ 33,479 $ 33,395 $ 33,667 —% (1)%
CVA/DVA (excluded as applicable in lines above) (2) 269 (343) (345) NM 1
Fixed income markets 215 (359) (300) NM (20)
Equity markets 52 24 (39) NM NM
Private bank 2(8) (6) NM (33)
Total revenues, net of interest expense $ 33,748 $ 33,052 $ 33,322 2% (1)%
(1) Hedges on accrual loans reflect the mark-to-market on credit derivatives used to economically hedge the corporate loan accrual portfolio. The fixed premium costs of these hedges are netted against the corporate
lending revenues to reflect the cost of credit protection.
(2) Funding valuation adjustments (FVA) is included within CVA for presentation purposes. For additional information, see Note 25 to the Consolidated Financial Statements.
NM Not meaningful