Citi's Banking Head Boosts Investment Banking with Strategic Hires and Collaboration

Reported 2 days ago

Viswas Raghavan, Citi's new banking head, is revitalizing the investment banking division through strategic hiring from rivals and enhancing internal collaboration among executives. His efforts aim to improve Citi's Wall Street rankings as part of CEO Jane Fraser's broader turnaround strategy. Despite facing challenges in the competitive landscape, Raghavan's leadership has already led to notable increases in market share and growth within the division, with a particular focus on enhancing relationships across various business units.

Source: YAHOO

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