
Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector in its investment banking division. Sen, who spent 11 years at Bank of America as a managing director in technology investment banking, joins as part of Citi's broader effort to strengthen its technology banking franchise. This move follows Citi's recent hires, including JPMorgan veteran Pankaj Goel, and the formation of a specialized AI Infrastructure Banking team to capitalize on the growing AI market. Citi forecasts AI infrastructure spending by Big Tech to exceed $2.8 trillion through 2029, highlighting the strategic importance of this sector for the bank's growth.