# Citigroup unveiled ambitious profitability targets for 2027-2028.

*fintech · news · 2026-05-07 · The Economic Times*

## Key points

- Citigroup announced a $30 billion multi-year share buyback plan starting in Q2 this year.
- Citi unveiled 2027-2028 ROTCE targets of 11-13%, aiming for 14-15% by 2031.
- CEO Jane Fraser dismissed M&A rumors, emphasizing organic growth in wealth management.
- Citi's new AI initiative, Sky, will launch this summer for U.S. Citigold clients.

**Companies:** Citigroup
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/us-stocks/news/us-market-today-citigroup-targets-stronger-profitability-as-ceo-fraser-drives-overhaul/articleshow/130916458.cms)

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