Lower volatility trims Citi’s second quarter trading revenue

This year's lower volatility environment took a toll on Citi’s trading profit in the second quarter, with the bank also bracing itself for higher loss expectations in retail services.

  • By Sasha Padbidri
  • 17 Jul 2017

Citi’s trading revenue fell 7% to $3.9bn, a reflection of lower industry-wide trading during the second-quarter. Meanwhile, the bank’s net profit stood at $3.9bn, a slight dip from the $4.1bn posted last year.

Citi’s fixed income, which makes up the bulk of trading revenue, declined 6% year-over-year to $3.2bn, ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 66,188.03 223 8.88%
2 JPMorgan 54,703.62 214 7.34%
3 Bank of America Merrill Lynch 48,042.32 157 6.45%
4 Barclays 43,518.03 123 5.84%
5 Goldman Sachs 39,790.19 103 5.34%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 Deutsche Bank 9,317.17 12 13.67%
2 SG Corporate & Investment Banking 7,508.63 11 11.02%
3 Goldman Sachs 5,773.27 11 8.47%
4 Citi 4,606.54 14 6.76%
5 BNP Paribas 2,914.62 14 4.28%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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1 Goldman Sachs 2,432.15 11 12.88%
2 Credit Suisse 1,641.59 6 8.69%
3 JPMorgan 1,527.50 8 8.09%
4 Deutsche Bank 1,424.25 10 7.54%
5 Citi 1,285.41 7 6.81%