JPMorgan Chase expects investment banking fees to be up by 45% in Q4
JPMorgan Chase investment banking fees are expected to rise by 45% in the fourth quarter over a year ago, Marianne Lake, the bank's CEO of consumer and community banking, said on Tuesday.
Citi sees investment banking fees rising as much as 30% Y/Y in Q4
Citigroup's (NYSE:C)  investment banking fees are expected to climb 25%-30% Y/Y in Q4, and market revenue is expected to rise by "high-teens" percentage, Chief Financial Officer Mark Mason said Tuesday at a financial industry conference.
Citigroup Expects up to 30% Rise in Investment Banking Fees in Q4
NEW YORK (Reuters) -Citigroup expects a 25% to 30% rise in investment banking fees in the fourth quarter from a year earlier, while market revenue will grow by a "high-teens" percentage, Chief Financial Officer Mark Mason said on Tuesday.
Citigroup & JPMorgan Expect Q4 IB and Market Revenues to Rise
On Tuesday, at the Goldman Sachs 2024 U.S. Financial Services Conference, Citigroup, Inc. C and JPMorgan JPM unveiled their outlook for the fourth quarter of 2024 and full-year 2025. Citigroup’s Outlook Revenues: Citigroup’s chief financial officer,
Citi CFO Reportedly Expects Q4 Investment Banking Fees To Rise Up To 30%: Retail’s Not Convinced Yet
Shares of Citigroup Inc (C) rose over 1% on Tuesday after the bank’s chief financial officer (CFO) Mark Mason reportedly said the lender expects 25% to 30% year-over-year rise in its investment banking fees in the fourth quarter of 2024.
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