© Reuters. FILE PHOTO: The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. REUTERS/Andrew Kelly/File Photo
NEW YORK (Reuters) – Citigroup Inc (NYSE:) expects revenue in its trading division to rise 10% in the current quarter from a year earlier, but investment banking fees will be down 60% in line with the industry, Chief Executive Jane Fraser said on Wednesday,
“We’re hoping 10% (increase) in markets based on what we have seen in October and November,” she told the Goldman Sachs (NYSE:) Financial Services conference.
