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Bankers and lawyers will be looking for a revival across most major sectors and regions in 2023.

Citi This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Citi combined its technology and communications groups to create a new team in its investment bank. The new group will serve clients in the media, data, and technology sectors. Philip Drury, previously Citi's head of banking, capital markets, and advisory, in London, will lead the new group. Citi is rethinking how to group its internal teams to better serve clients facing disruption from waves of ongoing innovation. The ban...

By Syndicated Content By Pamela Barbaglia LONDON (Reuters) – Citigroup has tasked one of its most senior London-based bankers with leading its new technology and communications franchise as the sector benefits from a wave of deals triggered by digital disruption. British-born Philip Drury, who has been leading Citi’s banking, capital markets and advisory business across Europe, the Middle East and Africa since 2018, will quit London to take on a new global role as Tech & Comms’ head out of San Francisco. Digital transformation has proved to be a key driver of dealma...

“Tech & Comms is one of the fastest growing franchises in global banking, capital markets and advisory and represents one of the greatest opportunities to close our competitive gap,” said the memo, which was signed by the co-heads of Citi’s banking, capital markets and advisory business globally, Tyler Dickson and Manuel Falco. Drury joined Citi in 2000 as an equity capital markets banker based in New York and quickly rose through the ranks to lead the ECM coverage in the Americas in 2011. The Tech & Comms team, which includes three global heads of communications, Gordon Kroft, Dan Rich...

Citi taps Drury to lead newly launched Tech & Comms franchise - memo Pamela Barbaglia , By Pamela Barbaglia LONDON (Reuters) - Citigroup has tasked one of its most senior London-based bankers with leading its new technology and communications franchise as the sector benefits from a wave of deals triggered by digital disruption. British-born Philip Drury, who has been leading Citi's banking, capital markets and advisory business across Europe, the Middle East and Africa since 2018, will quit London to take on a new global role as Tech & Comms' head out of ...