C · News · 20261014N

Capital Markets Demand Trends

CITIGROUP INC · 2026-10-14 · Importance 17 · Surprise 24

Citigroup CFO Gonzalo Luchetti said Wall Street deal-making activity is cooling after a record first half. Investment banking revenue declined sequentially in the third quarter, indicating reduced near-term demand for advisory and underwriting services. The slowdown contrasts with stronger activity earlier in 2026.

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