• Citigroup says trading has slowed down in the second quarter following jubilant first quarter

    5 monthes ago - By Business Insider

    Trading has slowed down on Wall Street in the second quarter, according to Citigroup CFO John Gerspach.
    The expected slowdown comes after a robust first quarter that saw some firms post record trading results.
    Gerspach said his firm's trading revenues were pacing to be flat compared with the second quarter of 2017.
    The trading environment has slowed down in the second quarter this year, an expected drop-off from the hyperactive first three months of the year that saw some banks post record results, Citigroup CFO John Gerspach said.
    Gerspach, speaking at a financials conference on...
    Read more ...

     

  • Citigroup CFO sees flat second-quarter markets revenue versus year earlier

    Citigroup CFO sees flat second-quarter markets revenue versus year earlier

    5 monthes ago - By Reuters

    NEW YORK - Citigroup Inc sees second-quarter markets revenue coming in "flattish" compared to a year earlier, Chief Financial Officer John Gerspach said on Wednesday.
    Read more ...