Citi(US:C) Barrons·2026-01-14 16:51Core Insights - Big banks have reported mixed fourth quarter earnings for their investment banking businesses despite a strong IPO market in 2025, which did not significantly boost share prices as investors had higher expectations going into the earnings season [1] Group 1: Company Performance - Citi reported a 35% increase in investment banking fees, reaching $1.29 billion, as part of its efforts to enhance investment banking performance under CEO Jane Fraser [1] - The revenue from advisory services, which includes guiding companies on significant transactions like mergers and acquisitions, surged by 84% year-over-year, contributing to the overall increase in investment banking fees [2] - This increase in advisory revenue more than compensated for a 16% decline in equity underwriting compared to the previous year [2]