Citigroup Projects Mid-Single-Digit Growth in Investment Banking and Market Revenues
According to the bank’s CFO, Citigroup anticipates investment banking fees and market-related revenues to expand at a mid-single-digit rate in the current quarter.
Summary
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Terms & Concepts
Investment Banking Fees: Charges earned by financial institutions for advisory services, underwriting, and facilitating capital raising activities.
Market-Related Revenues: Earnings generated from trading activities, market-making, and other capital markets operations.
Mid-Single-Digit Growth: A financial term indicating growth in the range of roughly 4% to 6%.