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Citigroup, investment banking
Citi sees investment banking fees rising as much as 30% Y/Y in Q4
Citigroup's (NYSE:C) investment banking fees are expected to climb 25%-30% Y/Y in Q4, and market revenue is expected to rise by "high-teens" percentage, Chief Financial Officer Mark Mason said Tuesday at a financial industry conference.
Citi CFO Reportedly Expects Q4 Investment Banking Fees To Rise Up To 30%: Retail’s Not Convinced Yet
Shares of Citigroup Inc (C) rose over 1% on Tuesday after the bank’s chief financial officer (CFO) Mark Mason reportedly said the lender expects 25% to 30% year-over-year rise in its investment banking fees in the fourth quarter of 2024.
Citigroup Expects up to 30% Rise in Investment Banking Fees in Q4
NEW YORK (Reuters) -Citigroup expects a 25% to 30% rise in investment banking fees in the fourth quarter from a year earlier, while market revenue will grow by a "high-teens" percentage, Chief Financial Officer Mark Mason said on Tuesday.
Citi CFO sees investment banking fees up 25%-30% y/y
Sees markets revenue up in the high teens y/y. Pick the best stocks and maximize your portfolio:Discover top-rated stocks from highly ranked
Citigroup & JPMorgan Expect Q4 IB and Market Revenues to Rise
On Tuesday, at the Goldman Sachs 2024 U.S. Financial Services Conference, Citigroup, Inc. C and JPMorgan JPM unveiled their outlook for the fourth quarter of 2024 and full-year 2025. Citigroup’s Outlook Revenues: Citigroup’s chief financial officer,
7d
Citi M&A veteran Cary Kochman to retire, sources say
Cary Kochman, one of Citigroup's top dealmakers, is retiring after spending nearly 14 years at the helm of the Wall Street ...
8d
Citi’s M&A Head Kochman to Exit Bank After 13 Years
One of Citigroup Inc.’s top dealmakers is departing as the New York-based firm seeks to turn around its investment banking ...
3d
Why Citi Stock Is Up Over 40% This Year
Citigroup stock (NYSE: C) has gained about 44% year-to-date, compared to the 27% rise in the S&P 500 index over the same ...
7d
Citi promoted its largest class of managing directors under Jane Fraser. Check out the 344 names here.
Citigroup increased the number of employees it promoted to managing director amid CEO Jane Fraser's efforts to modernize its ...
Vietnam Investment Reviev
9h
Citi hosts Vietnam Day for Hong Kong clients
Citi held a Vietnam Day on December 11 for its Hong Kong clients, one of the bank’s fastest growing trade corridors.
7d
How Digital, Data And AI Are Transforming Customer Experience At Citi
Citi is already seeing results from its investments in AI. Their executives believe that GenAI will transform many industries ...
7d
Citi promotes staff to the rank of Managing Director
Investment bank Citi has promoted five banking staff to the rank of managing director across Australia and New Zealand.
bankingdive
10d
Citi separates Mexico retail ops from institutional business
The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...
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