Citigroup's Financial Outlook: Stock Buybacks and Banamex IPO
Update: 2025-09-09
Description
Citigroup CFO Mark Mason just dropped some financial updates: Investment banking fees and market revenue are up, and despite slightly higher overall revenue and expenses, the bank's expense-to-revenue ratio remains steady. Fresh off a strong second quarter that sent shares soaring, Citigroup is sticking to its aggressive stock buyback plan, signaling confidence in CEO Jane Fraser's turnaround strategy. Plus, get the latest on the Banamex spin-off – it's coming soon, but maybe not as soon as you think.
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