
News
Citigroup stated that in the context of market volatility and a rebound in trading activity, its investment banking fees and trading revenue both showed a mid-single-digit percentage growth trend in the third quarter. Chief Financial Officer Mark Mason said at the Barclays Financial Services Conference on Tuesday, "We are seeing good momentum across all investment banking product lines," and therefore related fees are expected to remain "strong." Previously, Citigroup's trading division had a strong performance in the second quarter, achieving the best results for the same period in five years, benefiting from record trading volumes. The revenue growth of Citigroup's investment banking division also exceeded expectations, with fee income increasing by 13% year-on-year

