Citi CFO Expects Investment Banking Fees To Be Up 50% YoY; Expects Investment Banking Fees To Rise 50% In Q2 On Year On Good Activity; Expects Investment Banking Fees To Rise 50% In Q2 On Year On Good Activity
Portfolio Pulse from Benzinga Newsdesk
Citi's CFO expects investment banking fees to rise by 50% year-over-year in Q2 due to good activity.
June 18, 2024 | 4:42 pm
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Citi's CFO expects a significant 50% year-over-year increase in investment banking fees for Q2, indicating strong performance in this segment.
The expected 50% increase in investment banking fees suggests strong performance and potential revenue growth for Citi, which is likely to positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100