Citi expects banking, trading results to climb despite US tariff "anxiety"
ReutersJun 10, 2025 12:10 PM
By Tatiana Bautzer and Arasu Kannagi Basil
NEW YORK, June 10 (Reuters) - Citigroup's C.N head of banking Viswas Raghavan said on Tuesday that performance in its banking and trading divisions will improve this quarter despite "anxiety" over U.S. tariffs.
Banking fees will increase by a mid-single digit percentage in the second quarter versus the previous year, while markets revenue will rise by a mid-to-high single digit percentage, he told investors at a conference.
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