Citi (C) CEO says is only focused on organic growth, period, end of story; Q1 is always strongest, will keep target of ROTCE of 10% to 11% despite higher return in Q1
Citi's CEO reaffirming a focus solely on organic growth suggests a disciplined approach, which could have implications for their investment strategy and potential for M&A activity.
Kering (KER FP) Q1 26 (EUR): Revenue 3.57bln (exp. 3.56bln). Gucci revenue 1.35bln (exp. 1.37bln). Objective remains to return to growth and improve margins
It is assessed that Hezbollah will increase its fire in the coming hours in order to disrupt the direct talks between Israel and Lebanon in the United States, according to Kan News
Citi (C) CEO says is only focused on organic growth, period, end of story; Q1 is always strongest, will keep target of ROTCE of 10% to 11% despite higher return in Q1
European Closes: Euro Stoxx 50 +1.32% at 5,983, Dax 40 +1.23% at 24,034, FTSE 100 +0.25% at 10,609, CAC 40 +1.12% at 8,328, FTSE MIB +1.36% at 48,176, IBEX 35 +1.46% at 18,286, PSI +0.03% at 9,362, SMI +0.93% at 13,268, AEX +0.75% at 1,020
Newsquawk Daily US Conference Calendar - 15th April 2026: KO, CSCO
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- CFO says comfortable with exposure to private credit, risk is low
Maintaining the ROTCE target of 10% to 11% while pointing out strong Q1 performance indicates confidence in their operational efficiency but may also highlight constraints on growth levers. The CFO's comfort with private credit exposure signals a calculated risk appetite, which could appeal to investors looking for stability in a volatile environment.
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