Citi: Corporates Pick Up ‘Gems of Companies' in Dealmaking Revival

Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals.Much of this search is happening overseas, Raghavan told Bloomberg in an interview Tuesday (Jan. 21). It’s the latest example of post-election enthusiasm on Wall Street for a revival in dealmaking.In addition to an expected rollback of regulations by the new President Donald Trump administration, Raghavan said a strong dollar and a growing gap in the multiples at ...