fintech / news / / The Economic Times
Citigroup unveiled ambitious profitability targets for 2027-2028.
Citigroup announced a $30 billion multi-year share buyback plan starting in Q2 this year.
KEY POINTS
- 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
Summarized by Newsio from The Economic Times. How we summarize →