Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back

The transcript discusses Citigroup's strong performance in FICC sales and trading, exceeding market expectations. It highlights a $20 billion buyback and improved investment banking revenue. Despite lowering return on tangible common equity targets, Citi's turnaround story is emphasized, with a focus on maintaining profitability amidst regulatory challenges. The discussion includes revenue projections, risk management strategies, and competitive analysis with JP Morgan and Goldman Sachs.

What concerns do analysts have regarding Citigroup's profitability amidst regulatory hurdles?

What is the expected revenue range for Citigroup in 2025?