Citigroup FICC and Trading Revenue Tops Expectations

The transcript discusses revenue estimates for major banks, focusing on Citigroup, Wells Fargo, and JP Morgan. Citigroup's performance is highlighted, noting strong business results despite credit costs. Wells Fargo faces challenges with reduced dividends and losses. The broader market and consumer behavior are also analyzed, with uncertainty being a key theme.

What was the estimate for the sales and trading revenue mentioned in the text?

What message is being conveyed about the balance sheet of the banks discussed?

What was the cost of credit across the three banks mentioned?

How did Wells Fargo's recent performance compare to expectations?

What signs of consumer behavior were noted in relation to JP Morgan?