The US investment bank’s equity markets business increased its revenues by 32% YoY, driven by momentum in equity derivatives.
Citigroup has reported net income of US$3.2 billion for the third quarter of 2024 – down nine percent year-on-year (YoY). Revenues increased by one percent from the prior year period to US$20.3 billion. Our continued strong performance in equities validates both our strategy and execution to grow prime and cash - Jane Fraser, CEO In the markets business, revenues, at US$4.8 billion, were up slightly on the back of a ‘better than expected September’, according to CEO Jane Fr