Citi expects banking, trading results to climb despite US tariff "anxiety"
Citigroup's head of banking Viswas Raghavan said on Tuesday that performance in its banking and trading divisions will improve this quarter despite "anxiety" over U.S. tariffs.
Banking fees will increase by a mid-single digit percentage in the second quarter versus the previous year, while markets revenue will rise by a mid-to-high single digit percentage, he told investors at a conference.
(Reporting by Tatiana Bautzer and Basil Arasu Kannagi, editing by Lananh Nguyen)
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