Citi CFO Sees Trading Revenue Jump as Fraser Drives Turnaround

Citigroup Inc. is preparing for a windfall from trading across asset classes, with momentum appearing more sustained than it did early last year, according to Chief Financial Officer Gonzalo Luchetti.

The bank is on track to post a high single-digit to low double-digit percentage increase in markets revenue, Luchetti said Tuesday at a financial conference hosted by Morgan Stanley. That’s well above the 2% increase expected by analysts in a Bloomberg survey.

Unlike last year’s second quarter, when President Donald Trump’s “Liberation Day” tariffs roiled markets, the current period is marked by strength across equities, derivatives, fixed income, ...