Reported 1 day ago
Citi's Chief Financial Officer Mark Mason expressed confidence that the bank will reach the high end of its 2024 revenue guidance of $80 to $81 billion and is planning to increase share buybacks as clarity on capital outlook improves. Despite a challenging environment, Mason indicated that Citigroup's performance in net interest income and investment banking fees is strong, contributing to the bank's goal of restoring investor confidence and improving profitability.
Source: YAHOO