02:51 PM EDT, 05/05/2026 (MT Newswires) -- Citigroup ( C/PN ) (C) plans to introduce new medium-term profitability targets at its upcoming investor day on Thursday, Reuters reported Tuesday, citing an interview with chief executive officer Jane Fraser.

The bank will also highlight improvements in expenses and revenue from its multi-year reorganization, the news outlet said, adding that Citigroup ( C/PN ) is also betting on artificial intelligence to aid growth in its wealth business.

Fraser told that the company will be laying out new return targets and the growth path for each of the businesses, and that the bank plans to raise the bar beyond its 2026 goals, according to the report.

Citigroup ( C/PN ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) with

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