Citigroup stock edges higher as Citi emerges in $200 billion Glencore-Rio Tinto talks
Citigroup shares rose 0.8% to $116.63 Monday after reports Glencore is close to naming Citi as lead adviser for possible merger talks with Rio Tinto, ahead of a Feb. 5 UK deadline. A Federal Reserve survey showed banks expect stronger business-loan demand in 2026. Citi’s board set a $0.60 per share dividend, payable Feb. 27 to holders as of Feb. 2.