The US bank dropped to fourth place by registered structured note sales in its home market in Q2 2024.
Citigroup Global Markets Holdings, the US issuance entity of Citigroup, traded US$3.3 billion notional from 1,112 structured notes registered with the US Securities and Exchange Commission (SEC) in the second quarter of 2024. This is down four percent year-on-year (YoY) and equal to a 10% share of the US market, according to SRP data. Markets had a strong finish to the quarter leading to better performance than we had anticipated - Jane Fraser, CEO For the SEC-registered structured note mark