Today news
About the same in other media
Citigroup ends tough year for dealmaking with 58% revenue fall
Reading now: 729
Citigroup's investment banking fees slipped by 58% in the final three months of 2022, capping a difficult year for dealmakers during which revenue halved and banks rolled out job cuts.
The Wall Street bank made $3.1bn in investment banking fees last year, a 53% decline on 2021 when fees reached new highs across the sector. In the final three months of the year, Citi's dealmakers brought in around $1bn, which was a fall of 58%. Rival JPMorgan posted a 48% decline in dealmaking fees for 2022, while fees at rival Bank of America...
Read more on fnlondon.comAbout this in other media
Citigroup hires JPMorgan veteran Besseddik to lead healthcare deals in Europe fnlondon.com /1 year ago
Germany Sees Its Economy Growing This Year Despite the Ukraine War wsj.com /1 year ago
Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong? cryptonews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
