Citigroup Expands Private-Company Research, Joining JPMorgan

Citigroup Expands Private-Company Research, Joining JPMorgan

Citigroup Inc. is expanding its research on private companies, joining rivals including JPMorgan Chase & Co. in covering firms that aren’t publicly traded.

Citigroup Ups Focus on Privately-Held AI Startups

Citigroup is reportedly increasing its research efforts into private companies. [contact-form-7] Heath Terry, a veteran of firms like Goldman Sachs, joined Citi to head coverage of the artificial intelligence industry and guide other analysts in researching private firms in other sectors, Bloomberg reported Wednesday (July 23). The number of closely-held companies has risen while the number of public companies has shrunk, the report sai…