Citigroup

The AI firm Anthropic has reportedly appointed Citigroup as part of the banking consortium for its planned IPO. Alongside Morgan Stanley, Goldman Sachs and JPMorgan, Citigroup would take a leading role in preparing the transaction. Anthropic is considering filing the listing application by the end of the month; additional banks may join the consortium. Citigroup was already involved in a $2.5 billion revolving credit facility for Anthropic, which is part of a broader financing strategy. » Plus sur de.investing.com

Citigroup will provide Bitcoin custody for institutional clients, integrating crypto custody into the same infrastructure it uses for traditional assets. The service will launch under the bank's Custody+ suite, initially covering Bitcoin and allowing clients to hold BTC alongside equities and bonds through the same framework. Citigroup says the move is part of broader system upgrades that have sped processing and will make custody, settlement, FX and cash management faster. » Plus sur finance.yahoo.com

Citigroup, through its U.S. consumer business, has reached an agreement to acquire Kard Financial. Kard operates a commerce‑media and rewards platform that connects banks and merchants using transaction data and machine learning to deliver personalized offers. The acquisition is intended to combine Citi’s payments infrastructure with Kard’s technology and merchant relationships; financial terms were not disclosed and the deal remains subject to customary closing conditions. » Plus sur de.investing.com