Citigroup expects 25% 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, CFO Mark Mason said on Tuesday. Mason also said he expects the bank to be on the "high end" of the revenue guidance for 2024.
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We recently published a list of 10 Best Bank Stocks To Invest In For the Long Term. In this article, we are going to take a look at where Citigroup Inc. (NYSE:C) stands against other best bank stocks to invest in for the long term.
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 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.
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.
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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 ...