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Citigroup sees 3Q markets revenue down 15 percent vs year-earlier

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Citigroup Inc third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at an investor conference.Gerspach's outlook was similar to the 12 percent decline anticipated by Barclays analyst, and conference host, Jason Goldberg, in a preview for the event being held through Wednesday.The first speaker at the event, Gerspach also said that easing of bank regulations is going more slowly than he had hoped, ...

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First Published: Mon, September 11 2017. 22:10 IST