Citigroup

Citigroup expects a return on tangible common equity (ROTCE) of more than 11% for 2026, raising its previous range. The bank repurchased $10.3 billion of stock in H1 2026 and approved a new $30 billion buyback program. Services, wealth and cards recorded strong growth; net interest income growth (excluding capital markets) is expected to be 5–6% for 2026. Its stake in Banamex is 51% with planned deconsolidation in early 2027, and the cost-income ratio is expected to be slightly below 60% in 2026. » Altro su de.investing.com

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. » Altro su 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. » Altro su finance.yahoo.com