Citi Services Head Khaliq Says E-Commerce Revenues May Grow 12 To 15% Annually
Portfolio Pulse from Benzinga Newsdesk
Citi Services Head Khaliq projects that e-commerce revenues may grow by 12 to 15% annually.
June 18, 2024 | 1:57 pm
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Citi Services Head Khaliq has projected that e-commerce revenues may grow by 12 to 15% annually, which could positively impact Citi's financial services and investment banking segments.
The projected growth in e-commerce revenues suggests increased demand for financial services and investment banking, areas where Citi is heavily involved. This could lead to higher revenues and profitability for Citi.
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