Citigroup CEO Fraser: bank tracks agents constantly.
neutral 50 · impact 20
Citi's institutional stablecoin payment service is called Spring by Citi. It lets clients accept stablecoin payments at checkout. Coinbase provides the blockchain rails and auto-converts to fiat. Citi settles as bank of record. The product name is new; the partnership was reported earlier today.
HSBC Securities resumed Citigroup (C) coverage with a Buy rating and $164 price target.
bullish 70 · impact 40
Citigroup to redeem EUR1.5 billion 0.5% fixed/floating notes due 2027.
bullish 60 · impact 20Citigroup launches Citi Commerce Media platform for credit card customers
bullish 65 · impact 10Citigroup is redeeming all EUR1.5 billion of its 0.500% Fixed/Floating Rate Notes due 2027 on October 8 at par plus accrued interest. The move is part of the firm's liability management strategy.
neutral 50 · impact 10Citi will launch Premium Boost next month, offering higher savings rates to clients who consolidate more assets with the bank. The program targets the $5 trillion in assets Citi clients hold elsewhere. Competitors have similar initiatives.
neutral 50 · impact 30
Citigroup upgrades Arcturus Therapeutics to Buy, sets $20 target.
bullish 75 · impact 30Citigroup cut Dropbox (DBX) to Sell from Neutral with a $29 price target. The downgrade reflects a negative view on the stock's near-term prospects.
bearish 30 · impact 40
Citigroup now sees the Bank of Japan hiking 25 bp in December 2026, March 2027, and July 2027, pulling forward its prior forecast of January, June, and December 2027.
neutral 50 · impact 30
Citigroup disclosed August credit card charge-offs of 2.03% and a delinquency rate of 1.29% at month-end in an SEC filing. The metrics track consumer repayment stress in the bank's card book.
neutral 50 · impact 30
Citigroup CFO Gonzalo Luchetti said the bank expects full-year return on tangible common equity (ROTCE) to come in slightly above 11%. He also expects markets revenue to grow mid-single digits for the year and Q3 investment banking revenue to rise low single digits.
neutral 50 · impact 60Citigroup now expects BOE rate hikes in Q4 2026 and Q1 2027.
neutral 50 · impact 40
Citi now expects the Fed to deliver 25-basis-point rate cuts in June, September, and December 2027. That is later than its prior forecast of cuts in October and December 2026 and January 2027. The revision suggests Citi sees the Fed holding rates higher for longer before beginning an easing cycle.
bearish 35 · impact 30