Citigroup Inc. reports developments across a global banking franchise that serves corporations, governments, investors, institutions and individuals in more than 180 countries and jurisdictions. Recurring updates include quarterly results, financial data supplements, segment reporting changes and business activity in Services, Markets, Banking, Wealth and U.S. personal banking.
Citi news also covers capital actions such as common and preferred stock dividends, senior note tender offers and other debt-market transactions. Additional company updates include wealth-management programs, issuer services and depositary receipt mandates handled through Citibank N.A. and related Citi businesses.
Citi (C), through Citi Wealth, has released its 2026 Global Family Office Report, based on a June–July 2026 survey of 351 family offices across 41 countries.
The report finds that public equities have re-emerged as the main destination for new capital, while private markets remain a strategic portfolio pillar. Inflation has become the leading concern, ahead of interest rates and financial system stability, prompting greater focus on wealth preservation and portfolio resilience. Family offices are increasingly implementing artificial intelligence to boost productivity, managing rising cross-border complexity, and prioritizing leadership succession and next-generation preparation as immediate governance priorities.
Citi (C), through Citibank, N.A., has increased its base lending rate to 7.00% from 6.75%, effective Thursday, September 17, 2026.
The new base rate will apply starting tomorrow for lending products that are tied to Citibank's base lending benchmark.
Citi (C) released a Citi Institute report, “The World Rewired,” showing corporates are prioritizing liquidity as supply chain disruption becomes a persistent feature of global trade.
According to the survey, 72% of global corporates rank releasing trapped liquidity as a top strategic priority for the next 12 months, up from 66% earlier in 2026, while 64% say identifying trapped liquidity now drives working capital strategy. Corporate treasurers report ongoing pressure from higher input costs (cited by 68%) and elevated interest rates (59%).
Citi payment data show global trade-related payment flows up 40% year-on-year in 1H 2026, with global technology flows up 50%, and Asia and Latin America tech flows rising 60% and 58%, respectively. AI usage in trade operations has nearly tripled since 2024 to 45%, and nearly half of corporates are evaluating DLT and blockchain to enhance working capital and resilience.
Crosspoint Capital Partners has added former Citi Chief Cloud Officer Clark Smith to its operating team as an Operating Partner. Smith will work with Crosspoint’s investment and portfolio teams on cloud infrastructure, enterprise architecture, security, resilience, technology strategy and platform scaling, and will contribute large‑enterprise operator insight to product strategy and customer value creation.
Smith previously led global cloud technology services at Citi and held senior technology roles at TD Bank and Deutsche Bank, following more than a decade in public service across the Department of Justice, the Intelligence Community and the Department of Homeland Security. Crosspoint reports that since its 2020 founding it has grown to $8.6 billion in assets under management and has backed multiple cybersecurity and applied AI companies, including firms later acquired by Cisco and F5.
Citi (C) has processed live USD transactions on Swift’s blockchain-based ledger with First Abu Dhabi Bank (FAB) in the Middle East and OCBC in Southeast Asia. Citi is the first U.S. bank to conduct live native ledger transactions and plans similar transactions with DBS and UOB later this month.
The initiative is part of Citi’s Services strategy to expand digital asset capabilities across cash and securities, building on 24/7 USD Clearing, Citi Token Services and Citi Custody+. Citi’s 24/7 USD Clearing serves over 300 bank clients, and Citi Token Services processes about $1 billion in transactions via its blockchain platform. A controlled proof-of-concept pilot on Swift’s ledger will run from July to December 2026 to explore always-on, tokenized deposit payments and securities movements.
Citi (NYSE:C) announced that Citi Issuer Services, through Citibank N.A., has been appointed as Depositary Bank for Agilyx ASA’s sponsored Level 1 ADR program. The ADRs trade OTC under “AGYXY”, with each ADS representing 10 Agilyx ordinary shares, which are listed on the Oslo Stock Exchange under “AGLX”.
Citi (NYSE:C) launched Custody+, a modular suite of near- and real-time custody solutions under Citi Investor Services, aimed at supporting continuous markets, compressed settlement cycles and AI-driven decision making. The rollout follows completion of Citi’s U.S. deployment of its patented Single Event Processing (SEP) technology.
According to Citi, SEP now processes over 80% of total event volume in real time and has reduced U.S. voluntary corporate action processing times by up to 92%, with 96% of such events completed in under two hours. Custody+ also integrates instant settlements across 62 proprietary custody markets, on-demand FX, real-time cash and liquidity tools, AI-driven accelerated tax processing (up to 70% faster), and AI-powered Market Guide intelligence in over 100 locations. Citi expects to go live with digital asset custody later this year, initially for Bitcoin, within a unified framework that combines traditional and crypto custody.
Citi (NYSE:C), through Citibank, N.A., Tokyo Branch, participated as a lender and agent in a syndicated loan facility totaling approximately US$4.6 billion for U.S. entities established and funded by the Japan Bank for International Cooperation (JBIC).
The financing is being provided to Japan Invest 4 LLC and Japan Invest 5 LLC, U.S. investment companies created by JBIC, to fund natural gas-fired power generation projects in Pennsylvania and Texas. Private-sector portions are covered by insurance from Nippon Export and Investment Insurance (NEXI). The transaction supports the first investment under the second wave of projects in the Japan-U.S. Strategic Investment Initiative, aiming to meet rising U.S. electricity demand and support AI and advanced industries, while reinforcing supply chain resilience and Japan-U.S. economic ties.
Citi (NYSE:C) announced that its U.S. Consumer Cards business has entered into an agreement to acquire Kard Financial, a commerce media and rewards platform that helps banks and fintechs deepen customer engagement through personalized, merchant-funded offers.
According to Citi, combining its scale and payments expertise with Kard’s technology, talent and merchant relationships is expected to enhance its commerce ecosystem by enabling more personalized credit card rewards and new engagement opportunities for merchants and brands. Kard’s machine learning-driven platform uses verified transaction data to connect financial institutions and merchants. Terms were not disclosed and are described as not material to Citi’s financial results. The deal is subject to customary closing conditions, and Citi and Kard will operate independently until closing.
Citi (NYSE:C) announced that Citi Investor Services has been awarded a full middle office mandate by Aegon Asset Management, covering US$380 billion in assets under management. The deal extends a 20-year relationship and adds to existing custody, depositary, collateral, fund accounting, administration and transfer agency services.
Citi has broadened its middle office capabilities to include full Investment Book of Record (IBOR), trade management and settlement, and performance measurement via Aladdin Accounting. Aegon AM’s Budapest-based operations employees have transferred to Citi’s Solutions Centre in Budapest, supporting the expanded Aladdin Provider model. According to Citi, Securities Services had approximately US$35 trillion in assets under custody and administration as of Q2 2026.