Citi resumed coverage of Blue Owl Capital Inc. (NYSE:OWL) with a Buy rating and opened a 30-day catalyst watch on the stock with the expectation that the asset manager's organic growth and recent deals can generate average EPS growth of 18% over the next three years.
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.
This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged in the fourth quarter from a year ago. [Trading revenue at Citigroup](
Goldman Sachs (GS) and JPMorgan Chase (JPM) are being pushed by right-leaning activist groups to abandon or shrink their diversity, equity and
Wall Street banks have started hiring for 2026 summer interns. Here are 7 tips for nailing the HireVue screening tool used by Goldman Sachs and more. Leaders in Citi's technology unit and its ...
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the company around five core business units.
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.
Some of Wall Street’s biggest banks reported a surge ... stronger performance in our businesses,” said Jane Fraser, Citi’s chief executive, in a statement. “Our net income was up nearly ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than they did a year ago, thanks to solid consumer spending, higher stock prices and trading activity,
Wall Street banks JPMorgan Chase ... JPMorgan’s net earnings rose 50 per cent per cent to $14bn, while Goldman’s doubled to $4.1bn. Citi swung to a profit of $2.9bn from a loss of $1.8bn in the final quarter of 2023. The robust performance came ...
All four banks rose on Wall Street. At mid-morning, JPMorgan was up 0.8 percent, Goldman Sachs 5.9 percent, Citi 6.2 percent and Wells Fargo 5.2 percent.
According to Synergy Research Group, data center M&A activity set a new record in 2024, with deals totaling $57 billion, compared to the previous high of $52 billion in 2022.