Memo: Citi Combines US Credit and Capital Markets Teams
Citi is combining its US credit business with debt capital markets with a series of internal moves. Carolyn Kee, head of investment grade loans, is being promoted to chair of the new group. The shakeup comes after Citi reported $7.9 billion in quarterly net income. Citi is shaking up its North American credit business, naming Carolyn Kee the chair of its newly integrated debt capital markets group. Kee currently leads the US bank's investment grade loans platform, a team that's arranged large-scale transactions including an approximate $13 billion deal for Boeing last year that came in the af...
Source: businessinsider.com