Citi expects banking and trading revenue to increase despite US tariff concerns

From Yahoo Finance: 2025-06-10 09:00:00

Citigroup’s banking and trading divisions are expected to improve this quarter despite U.S. tariff concerns. Banking fees are projected to increase by a mid-single digit percentage, while markets revenue will rise by a mid-to-high single digit percentage. Dealmaking has slowed due to economic uncertainty caused by tariffs and fiscal policies. However, Citi’s clients are analyzing the impact of tariffs on imports. M&A activity remains active, with recent successful deals and some IPOs returning, particularly for tech firms less affected by tariffs. Citigroup’s banking division, led by Vis Raghavan, saw a 12% revenue increase in the first quarter. CEO Jane Fraser hired Raghavan to drive growth and efficiency amid a company-wide turnaround.



Read more at Yahoo Finance: Citi expects banking fees, trading revenue to climb despite US tariff “anxiety”