Citigroup has reorganised its DCM team in Europe after some major exitsPhoto: Mike Kemp/Getty Images
Citigroup has shaken up its debt underwriting business in Europe, installing new leaders in key roles and combining business units.
The Wall Street bank is bringing together its teams that work on investment grade loans and bonds in a new unit, as well as bolstering its coverage of financial institutions with a new lending division, according to a memo seen byFinancial News.