C Projects Higher Q2 IB & Markets Revenues: Fee Income to Benefit?

Key Takeaways C projects Q2 markets revenue growth in the mid-to-high single digits and IB up by mid-single digits. Equities and fixed-income trading gained impetus, with deal-making and IPO activity showing signs of recovery. Fee income, about 33% of C's total revenues, is expected to rise, benefiting from deal-making strength.Despite tariff-related headwinds, Citigroup (C) expects the performance of its Markets and Banking segments to improve in the second quarter of 2025. This was disclosed by Viswas R ...