Despite a softening in earnings among other bank segments Citigroup reported Monday its consumer business produced record fourth quarter results. Citi’s credit card business realized an 80% increase in earnings to $277 million attributable to pricing changes, lower funding costs, declining charge-offs and growth in charge volumes. Citi’s U.S. card portfolio grew 40% last year due to its acquisition of the Universal Card portfolio. Internationally, Citi said its Latin America consumer business experienced a 49% quarterly earnings decrease to $29 million because of a declining contribution from Credicard, a 33%-owned Brazilian card affiliate. For more 4Q/98 data on Citigroup please visit CardData ([www.carddata.com]).