Citi hires slew of senior bankers away from rivals

By Imani Moise (Reuters) - Citigroup Inc has hired a slew of senior bankers from rivals as it looks to bolster its investment bank, the bank said on Friday. The New York-based bank hired three executives away from Deutsche Bank including 13-year veteran Mark Keene, who will become global co-head of technology, and three executives from Goldman Sachs, including Elizabeth Milonopoulos who will co-head the bank's internet investment banking unit with Brian Yick who will join the bank from Barclays.

Reuters June 22, 2019 01:07:41 IST
Citi hires slew of senior bankers away from rivals

Citi hires slew of senior bankers away from rivals

By Imani Moise

(Reuters) - Citigroup Inc has hired a slew of senior bankers from rivals as it looks to bolster its investment bank, the bank said on Friday.

The New York-based bank hired three executives away from Deutsche Bank including 13-year veteran Mark Keene, who will become global co-head of technology, and three executives from Goldman Sachs, including Elizabeth Milonopoulos who will co-head the bank's internet investment banking unit with Brian Yick who will join the bank from Barclays.

The hires come less than a year after the third-largest U.S. bank by assets combined its corporate and investment bank with its capital markets business to streamline its product offerings to clients.

Other hires from Deutsche Bank include senior rainmakers John Eydenberg and Mark Hantho, who will join the banking, capital markets and advisory division (BCMA) as vice chairmen.

(Reporting by Imani Moise; Editing by Chizu Nomiyama)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

India considers emergency authorisation of vaccine as COVID-19 cases surge
World

India considers emergency authorisation of vaccine as COVID-19 cases surge

By Rajendra Jadhav MUMBAI (Reuters) - India said on Sunday it was considering granting an emergency authorisation for a COVID-19 vaccine, particularly for the elderly and people in high-risk workplaces, as the country's number of reported infections passed 4.75 million. India, which has consistently reported over 1,000 COVID-19 deaths daily this month, has now recorded 78,586 fatalities from the disease. It lags only the United States globally in overall number of infections, but it has been adding more daily cases than the United States since mid-August

Would-be Merkel successor Laschet loses ground in local election win
World

Would-be Merkel successor Laschet loses ground in local election win

BERLIN (Reuters) - Germany's Christian Democrats were set for an election win in the western state of North Rhine-Westphalia on Sunday, an exit poll showed, but their share of the vote shrank, denting state premier Armin Laschet's ambitions to succeed Chancellor Angela Merkel. Laschet, who is positioning himself as the continuity candidate to succeed Merkel, had hoped to increase the Christian Democrats' share of the vote in the local elections to boost his standing ahead of a December party leadership showdown

Peru bid to oust president loses steam as opposition splits
World

Peru bid to oust president loses steam as opposition splits

By Marco Aquino LIMA (Reuters) - A bid by the opposition-led Congress to remove Peruvian President Martín Vizcarra appeared to falter on Sunday, after key political leaders rejected the ouster over fears the upheaval would plunge the country into a political crisis. César Acuña, head of the second-largest party in Congress and a possible candidate in 2021 presidential elections, said an ouster would "aggravate" the country's current situation, already fragile from the impact of the coronavirus crisis. Acuña's party had given key votes last Friday to start impeachment proceedings against Vizcarra over leaked audio tapes some lawmakers said showed the president trying to downplay ties to a singer being probed over government contracts