Citigroup Expects ~25% YoY Surge in Investment Banking Fees Despite Weak Markets
Gist Citigroup CFO Mark Mason expects Q4 2025 investment banking fees to rise by the mid-20s percent year-over-year, driven largely by M&A activity. He forecasts markets revenue will decline by low-to-mid single digits in the same period. Citi says about two-thirds of its multi-year transformation program is at or near completion. The bank is reorganizing …
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