Citi raid on JPMorgan investment bankers reaches double digits
Vis Raghavan, who joined Citigroup as head of banking last June, has tapped former colleagues for senior roles
Vis Raghavan, who joined Citigroup as head of banking last June, has tapped former colleagues for senior roles

The investment banker was hired by Citi before news of his changed circumstances at JPMorgan was made public

After years of complaints, Vis Raghavan had been told he was out of a job. Three days later, Citi hired him

JPMorgan Chase, Goldman Sachs and Citigroup buoyed by return of dealmaking

Revised goals involve net revenue and value of assets clients entrust to Citi as business has lagged Wall Street peers

Move underscores tensions between Wall Street banks and clients as businesses converge

Wall Street bank to draw on asset manager’s expertise to oversee $80bn in client assets