Toby Gresham of Citi Private Wealth says small and mid cap companies will do better with deregulation and improving company balance sheets. He discusses Trump's sensitivity to equity and bond markets,
Leaders in Citi's technology unit and its "crown jewel" services unit announced a raft of changes as key leaders step down.
Citi led in deal value with advisories worth $60.8bn, while Jefferies dominated in deal volume, advising on 23 transactions.
Citi analyst Atif Malik sees upside to the firm’s 40% year-over-year “big four” cloud spend growth after Meta Platforms (META) said it plans to
Citi expects increased momentum in Asian fundraising for tech companies into 2025, driven by developments in artificial intelligence and robust activity in India and Taiwan, the Wall Street bank said on Thursday.
Citigroup Inc.’s top investment banker says US corporates are on the hunt for overseas deals thanks to a strong dollar, an easier regulatory regime and a widening gap in the multiples at which international companies are being valued.
The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.
The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.
Despite the increased targets and recognition of more risks to supply, Citi maintained a generally bearish view for 2025 crude markets. It said Trump has let go of a notable hawk on Iranian policy--former Iran envoy Brian Hook--who was an advocate of maximum pressure on Iran during Trump's first term.
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Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
The credit card products Citibank offers consumers in the U.S. often lead the market for reward potential and extra perks provided. Citi is a Forbes Advisor partner.