The Triumphs — and Troubles — of Citi Research
The story of Citi’s research department seemed like one of a triumphant comeback. In just four years, Citi had risen rapidly up the rankings of investment research houses, defying the regulatory burdens and shrinking client wallets that threatened the larger sell-side industry. By the end of 2019, Citi was recognized as the No. 2 equity research provider globally by money managers and allocators surveyed by Institutional Investor. It looked like the successful revival of what had been a leading research franchise before its near-bankruptcy in the 2008 financial crisis. That success was no ...
Source: institutionalinvestor.com