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MercoPress, en Español

Montevideo, November 22nd 2024 - 14:20 UTC

Tag: capital markets

  • Tuesday, February 19th 2019 - 08:33 UTC

    Citigroup poised to boost revenue as advisor of Brazilian public asset sales

    CEO Marcelo Marangon said Citi expects its annual revenue in Brazil to grow to US$1.5 billion from US$1.1 billion over the next years

    Citigroup Inc expects to boost annual revenue in Brazil over the next years by advising potential public asset sales and through a revival in capital markets, its chief executive officer in Brazil told journalists on Monday. Marcelo Marangon said Citi expects its annual revenue in Brazil to grow to US$1.5 billion from US$1.1 billion over the next years. He did not specify a timeframe for the goal.