Citigroup to recalibrate investment banking workforce as required- Bloomberg News

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Citigroup Inc's chief financial officer Mark Mason said that the lender would adjust its investment banking headcount as necessary, Bloomberg News reported on Wednesday.

Citigroup, which has been boosting its investment banking division by hiring for sectors including energy and biotechnology over the years, is considering changing the pace of some of its investments following the recent drought in dealmaking, the report added, citing Mason's interview with Bloomberg Television.

Citigroup, when asked about the bank's headcount plans, did not give details beyond Mason's comments in the Bloomberg interview.Reuters reportThe focus on the strength of investment banking teams follows a similar attitude across other major investment banks including Goldman Sachs

 

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Oh boy I can only imagine what those are going to look like. Sad how major corporations have cave to the Left. I applaud the Walgreens for not caving to Governor Newsom.

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