Citigroup FICC Trading Revenue Matches 3Q Estimates

The video discusses the volatility in fixed income trading and its impact on estimates, highlighting the strategic importance of equities for Citigroup. It covers the decline in fixed income trading and loan growth, emphasizing the need for a long-term focus on trading results. The discussion includes the strategic goals of Citigroup to improve its equities business and the implications of Method 2 rules. The video also touches on the volatility of earnings and the importance of understanding the reasons behind trading results.

What strategic goal did Citigroup discuss at their Investor Day?

• To focus solely on domestic markets

• To reduce their loan growth

• To be in the top five in equities business

• To become the top bank in fixed income trading

What was the percentage decline in fixed income trading for Citigroup?

• 25%

• 10%

• 16%

• 20%

Which tool can be used on Bloomberg to follow earnings from Wall Street?

• Stock Analyzer

• Earnings Tracker

• TRIV go

• Market Watch

Why is trading revenue considered volatile?

• It is affected by loan growth

• It changes significantly from quarter to quarter

• It is not influenced by market conditions

• It remains constant over time

What is a significant revenue stream for companies like Goldman Sachs?

• Trading performance

• Real estate investments

• Equities business

• Loan growth