Citigroup CEO Jane Fraser Says Transformation Costs Are Going Down; Higher Rates May Impact Tenure Of Corporate Debt; Higher Rates Are Not Slowing Down AI Investment; Sees Syndicated Debt Moderated In Favor Of Revolver Lines Due To Flexibility; Investment Banking Pipeline For Fourth Quarter Is Still Strong; Expects Equity Capital Markets To Be More Focused In Follow On Transactions; Expects High Debt Refinancing Activity By Investment Grade Companies
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Why It Matters
Citigroup's costs to rebuild the bank are getting smaller. Watch how the bank handles loans and investments as interest rates shift around.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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