Citigroup stock braces for Tuesday: credit-card rate cap talk meets tokenized-trading push
Citigroup shares closed up 0.5% at $118.04 ahead of a new federal 10% cap on credit card interest rates set to take effect Jan. 20, with banks awaiting implementation details. U.S. markets will remain closed Monday for Martin Luther King Jr. Day. NYSE-owner ICE unveiled plans for a tokenized securities trading platform backed by Citigroup.