Citigroup plans to unveil medium-term profitability targets at its investor day on Thursday, signaling confidence in improved expenses and revenue following its multi-year overhaul. CEO Jane Fraser also said the bank is betting on artificial intelligence to accelerate growth in its wealth business. The update is constructive for Citi fundamentals, but no specific financial targets were disclosed in the article.
Citigroup plans to unveil medium-term profitability targets at its investor day on Thursday, signaling confidence in improved expenses and revenue following its multi-year overhaul. CEO Jane Fraser also said the bank is betting on artificial intelligence to accelerate growth in its wealth business. The update is constructive for Citi fundamentals, but no specific financial targets were disclosed in the article.
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