花旗CFO：预计第四季度投行业务费用将同比增长20%左右

Core Viewpoint - Citigroup's CFO Mark Mason indicated a sustained growth momentum in investment banking, particularly in the mergers and acquisitions sector, with an expected year-over-year increase of approximately 20% in investment banking fees for the fourth quarter [1] Group 1: Investment Banking Performance - The investment banking business is experiencing continuous growth, especially in the M&A area [1] - Citigroup is benefiting from a recovery in capital markets, similar to its competitors [1] - There has been an increase in large transactions this year as corporate boards adapt to President Trump's tariff policies [1] Group 2: Market Activity - The capital markets are described as being largely open, with a significant amount of investment-grade transaction activity observed [1] - Despite the impact of the pandemic, stock trading volumes and IPO activity remain stable [1] - The bank anticipates a single-digit percentage decline in market revenues compared to the same period last year [1]