PYMNTS
08 Oct 2026, 01:27 UTC · 1h ago
Ripple Wins Wall Street Business With Brevan Howard Deal
Impact · against what's priced in
The Brevan Howard deal provides a concrete validation of Ripple's prime brokerage strategy and its ability to capture high-margin financing business from traditional banks. While the news for Citi and Hilton is positive, it merely confirms growth trajectories the market is already discounting or paying for, offering no immediate catalyst.
- C+0.00
Already priced in
- The price assumes
ongoing restructuring stabilizes margins
Citi Wealth seeing a long runway for AI spending aligns with the assumption that restructuring and technology investments will stabilize margins, but it does not bridge the gap to the positive free cash flow the market currently declines.
What C's price assumes · Sep 11
