• Analysts updated Citigroup (C) forecasts after a higher expense outlook: BoA lifted 2026 EPS to $11.09 and efficiency ratio to 60.3%; KBW raised 2026 EPS to $11.15; Jefferies trimmed 2026–27 EPS.
  • Citigroup (C) reported June credit card delinquency rate 1.30% and charge-offs 2.25% in an SEC filing, reflecting the bank’s consumer credit performance for that month.
  • Citigroup CEO Jane Fraser says deal pipeline is strong, driven by energy and power tied to AI infrastructure. Bank balances growth with optionality amid a buoyant market; key for C traders.
  • Citigroup names Vincenzo Ruggieri MD and head of aerospace & defense for UK, Europe, Middle East and Africa. Based in London, he reports to Jean-Baptiste Petard and will cover industrial accounts.