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Citigroup - Asset Management and Investment Banking Drive Strong Profits for U.S. Banking Giant!

M. Springman
Reading Time: 1 minute

Business Driver: The Citigroup (C) is one of the leading U.S. commercial banks. Currently, it is benefiting mainly from the positive sentiment in the international capital markets, particularly from significant increases in asset management and investment banking. In the medium term, Citigroup, like other U.S. credit institutions, is also expected to benefit from the deregulation of financial markets promised by U.S. President Trump. On January 15, Citigroup surprised with a very strong Q4 result. It significantly exceeded consensus expectations...

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