Citigroup & JPMorgan Expect Q4 IB and Market Revenues to Rise
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Citigroup and JPMorgan project an increase in investment banking and market revenues for Q4 2024. Both banks have provided new and updated guidance for revenues and expenses.
December 11, 2024 | 5:00 pm
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POSITIVE IMPACT
Citigroup expects its investment banking and market revenues to grow in Q4 2024, providing updated guidance on revenues and expenses.
Citigroup's projection of increased revenues in investment banking and markets for Q4 2024 is a positive indicator for its financial performance, likely boosting investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
JPMorgan anticipates growth in its investment banking and market revenues for Q4 2024, along with updated guidance on revenues and expenses.
JPMorgan's expectation of increased revenues in investment banking and markets for Q4 2024 suggests strong financial performance, likely leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90