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Citigroup CEO Says AI Spending Isn't Slowing Down Despite Higher Interest Rates

Oct 14, 2026 · 06:49 AM ET· updated 1h ago
Citigroup CEO Says AI Spending Isn't Slowing Down Despite Higher Interest Rates

Citigroup reports $5.2 billion in Q3 profit, raises its 2026 outlook and warns of seasonal weakness in trading revenue.

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Why It Matters

Citigroup made good money and still plans to spend on AI tools. This shows the bank believes AI is worth the cost even when money is expensive.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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