OpenAI has spoken with banks including Citigroup Inc. and JPMorgan Chase & Co. about working on its upcoming initial public offering, according to people familiar with the matter.
African governments are increasingly turning to unconventional borrowing strategies, as high global interest rates and volatile currencies keep many shut out of traditional dollar funding markets, according to Citigroup Inc.
Christina Mohr, global chair of M&A at Citigroup, and Ian Nussbaum, partner at Latham & Watkins, join Dani Burger and Michelle Davis on "Bloomberg Deals."
Net revenue at Goldman Sachs' local brokerage arm rose 10% to ¥125.5 billion ($800 million) in the 12 months to Dec. 31, spurred by securities trading business.
Citigroup Inc. says central Africa’s monetary bloc should consider devaluing its currency, which is pegged to the euro, in order to boost economic growth and stem a slide in reserves.
Oil prices will continue to fluctuate wildly until it’s clear whether Iran and President Donald Trump will strike an agreement to end the war, according to Citigroup Inc.’s global head of commodities research.
Citigroup's new Arc platform represents a decisive move to deploy autonomous AI systems across operations, raising questions about labor displacement and competitive pressure in institutional finance.
The Wall Street bank is chasing double-digit revenue growth in client-driven businesses and wants to rank among the top three foreign banks across key operations in Japan.
The recent departures of two chief executives -- Stanley O'Neal of Merrill Lynch and Charles Prince of Citigroup -- in the wake of major financial losses at their firms, have focused renewed attention on the issue of succession planning.…
