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A total of 46 listed biotech transactions worth more than $100 billion were announced across the industry last year, the highest since spending peaked in 2019.
The end of the most aggressive rate-hiking cycle in recent memory is creating conditions for bold dealmaking as the cost of financing transactions falls.
Raghavan is now set to take over Citigroup’s entire Wall Street operation as part of Jane Fraser’s company-wide overhaul aimed at honing profitability.
The boon for shareholders follows a year when stocks of publicly traded buyout firms surged, even as a deal drought kept them from exiting many of their largest bets.
February 14, 2024
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Barclays recruited dozens of managing directors and directors across the banking division, moves that further depleted the bonus pool this year, frustrating bankers who stayed.