David Bailin: Former Citi CIO Aims to Transform the Industry Using AI
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2026
0mins
Should l Buy C?
Source: Barron's
David Bailin's Career Shift: David Bailin, a former Citi executive, has transitioned from managing a $190 billion investment platform at Citi Private Bank to leading a $240 million wealth management start-up called CIO Group.
Innovative Approach: Bailin emphasizes that CIO Group is pioneering a new direction in the finance industry with its AI-powered services tailored for wealthy clients.
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Analyst Views on C
Wall Street analysts forecast C stock price to rise
18 Analyst Rating
15 Buy
3 Hold
0 Sell
Strong Buy
Current: 123.420
Low
87.00
Averages
131.00
High
150.00
Current: 123.420
Low
87.00
Averages
131.00
High
150.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Debt Financing Opportunities: The program plans to finance €15 billion of debt opportunities over an initial five-year term, with Citi leveraging its investment, corporate, and commercial banking origination capabilities to source investment opportunities, thereby enhancing its market position in Europe and the Middle East.
- Collaborative Advantage: Matthieu Boulanger, partner at HPS, noted that this collaboration will leverage Citi’s extensive network and origination pipeline in EMEA, strengthening the ability to deliver tailored financing options to a diverse range of borrowers, reflecting the market's demand for flexible financing solutions.
- Market Reaction: On Monday, BlackRock's stock rose by 0.5%, while Citigroup's stock edged down by 0.2%, indicating the market's initial response to the collaboration plan, even as investors remain cautious about the rapid growth of private credit.
See More
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- Investment Opportunity Sourcing: Under this partnership, Citi will leverage its capabilities to source investment opportunities for the program, targeting borrowers based in Continental Europe, the UK, and eventually the Middle East with tailored private credit offerings.
- Market Demand Response: The program aims to finance a broad range of sub-investment grade debt instruments in EMEA over an initial five-year term, highlighting the growing collaboration between banks and investment firms in the multi-trillion-dollar private credit market.
- Renewed Investor Interest: Despite the scrutiny surrounding the asset class, institutional investors are showing renewed interest in direct lending, indicating a strong demand for customized credit products in the current market landscape.
See More
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- Consolidation Expectations: Kate Moore, Chief Investment Officer at Citi Wealth, indicates that despite the recent strong rally in equities, global markets may face a consolidation phase, reflecting investor concerns over the Middle East conflict and persistent inflation.
- Strong Earnings Support: Recent reports from tech giants like Microsoft and Amazon exceeded expectations, with Microsoft forecasting annual capital expenditures of $190 billion, fueling optimism in tech stocks, while the MSCI World Index has rebounded over 13% since its March trough.
- Cautious Investor Sentiment: Moore highlights that despite the market's strong performance, investors may be underestimating potential risks as they head into the second half of the year, particularly regarding geopolitical and energy crises.
- Optimistic Future Outlook: Although short-term pullbacks are anticipated, Moore believes these will present buying opportunities for investors and expects equities to end the year higher.
See More
