Citigroup stock slips after exec forecasts improved banking fees
ReutersJun 10, 2025 4:38 PM
Citigroup C.N stock slipping 0.4% on Tues as banking head Vis Raghavan forecasts higher banking fees despite U.S. tariff concerns
Raghavan expects banking fees to rise mid-single digits and markets rev to increase mid-to-high single digits in Q2
Citi advised on major deals, including Mars' $35.9 bln acquisition of Kellanova and Charter's $21.9 bln merger with Cox
Co's stock up 11% YTD, outperforming S&P 500's .SPX 2% rise
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