Citigroup’s dealmakers weather tariff hit as trading revenue jumps 16%

Citi CEO Jane Fraser said the bank was aiming to grow market sharePhoto: John Lamparski/Getty Images

Citigroup posted gains in both trading and dealmaking during the second quarter, as Wall Street banks show signs that investors’ fears over US tariffs are easing.

Citi’s markets business reported $5.9bn in revenue between April and June, up 16% from a year earlier.