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

With several players attending the Mets' Amazin' Day, we'll be following along with everything that is said a few weeks from spring training.

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.

Digital Ocean (NYSE:DOCN) was in focus on Friday as Citi started coverage on the cloud service provider with a Buy rating and $45 price target. Shares rose 1.7% in premarket trading. "Widened portfolio tech gaps and eroding customer engagement hobbled DOCN’s topline growth in CY22-23,

The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.

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 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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