Source: Reuters (via feed)
Citigroup’s first-quarter profit rose 42%. Geopolitical tensions fueled market volatility. This volatility lifted trading revenue. Investment banking fees were strong due to dealmaking.
BizTrendWire Insight:
Citigroup’s profit increase directly relates to higher trading revenue and investment banking fees in Q1.
Citigroup’s profit increase directly relates to higher trading revenue and investment banking fees in Q1.
