Citigroup publishes transcript of 2026 Citi FinTech Conference with Pam Habner
C•Citigroup published a transcript of a conference discussion in which U.S. Consumer Cards head Pam Habner reaffirmed near-term targets for mid-single-digit revenue and loan growth. Third-quarter consumer spending rose 11%, loans grew 6%, and the conversion of Barclays’ American Airlines co-brand portfolio brought more than 2 million customers.
1. Growth and card strategy
Habner discussed growth at the 2026 Citi FinTech Conference and reaffirmed near-term targets for mid-single-digit revenue and loan growth, with increased investment in customer acquisition and fee-based cards. Third-quarter consumer spending rose 11% and loans grew 6%, while borrowers remained disciplined despite weak sentiment.
2. Portfolio priorities
The business is prioritizing general-purpose cards, a segment expected to grow 5%-6%, compared with an anticipated 3% decline in private-label cards. Conversion of Barclays’ American Airlines co-brand portfolio brought more than 2 million new customers.
