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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
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
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.
22h
Citigroup CFO tells Goldman Sachs audience why his bank failed to meet regulatory requirements
The chief financial officer explained how the way Citigroup was founded is contributing to problems complying with regulatory ...
bankingdive
1d
Citi CFO: Evolving data standards make upgrade more complex
Mark Mason, the bank’s finance chief, also said the focus on the need to improve data tied to regulatory reporting isn’t ...
1d
Citi CFO Mason ‘Feels Very Good’ About Revenue for the Year (1)
Citigroup Inc. is set to hit the high end of its revenue guidance for 2024 and aims to lift share buybacks once there’s further clarity on the bank’s outlook for capital.
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The Month Bitcoin Shattered Records – Dive into The Bitcoin Report!
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