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 & 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,
Citi sees investment banking fees rising as much as 30% Y/Y in Q4
Citigroup's CFO expects strong growth in investment banking fees and market revenue in Q4, with a positive outlook for 2024 revenue guidance.
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.
Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise
Bank of America Corp. BAC disclosed its outlook for the fourth quarter of 2024 and the full year 2025 on Wednesday at the Goldman Sachs U.S. Financial Services Conference. Brian Moynihan, chairman & CEO of Bank of America maintained an optimistic view for 2025 given the cooling down of inflation amid rate cuts and expected favorable regulatory changes in light of the Donald Trump-led administration.
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 CFO tells Goldman Sachs audience why his bank failed to meet regulatory requirements
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Citi CFO Mason ‘Feels Very Good’ About Revenue for the Year
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Citigroup CFO expects 25-30% rise in investment banking fees for Q4
Chief Financial Officer of Citigroup Mark Mason is expecting a 25 to 30 percent rise in investment banking fees in the fourth ...
Citi Lifting Share Buybacks Is ‘High on My List,’ CFO Mason Says
Citigroup Inc. is set to hit the high end of its revenue guidance for 2024 and is aiming to lift share buybacks once there’s further clarity on the bank’s outlook for capital.
Big banks find many 'reasons to be optimistic about 2025' as Trump 2.0 nears
Executives for the country’s biggest banks sounded optimistic Tuesday as they assessed the impact of a new Trump ...