NEW YORK (Reuters) – Citigroup Inc 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 Financial Services conference.
(Reporting by Saeed Azhar and Manya Saini, Editing by Franklin Paul)
