10:45 AM EST, 12/10/2024 (MT Newswires) -- Citigroup ( C ) said Tuesday it expects Q4 investment banking fees to be up 25% to 30% year-over-year.

The bank expects full-year revenue to be on the high end of its outlook range of $80 billion to $81 billion, Chief Financial Officer Mark Mason said at a conference, according to a FactSet transcript.

The global economy has "proven to be quite resilient," especially the US, Mason said. "And you look at both the consumer and the corporate balance sheets remain quite strong."

Citigroup ( C ) shares were up 1.5% in recent trading.

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