The US bank lost momentum in the final quarter, closing the year with US$11.6 billion structured note sales in its home market.
Citigroup Global Markets Holdings, the issuance entity of Citigroup in the US, saw its sales of structured notes dive in the final quarter of 2023. In Markets, our fourth quarter fixed income results were disappointing as we saw a significant slowdown in December - Jane Fraser There were 865 SEC-registered structured notes sold at US$1.7 billion in Q4 2023, which was halved year-on-year (YoY), or down 46.5% quarter-on-quarter (QoQ). Accordingly, the full-year sales volume dropped 18.6
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