Citi's corporate banking arm aims to pick up steam as market cools down

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When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate ...

REUTERS: When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate bankers to combine forces and propel Citi toward the top of Wall Street market-share rankings.

And, as it moves along with its strategy in 2020, the outlook is not great, industry insiders and analysts said. "The world that was becoming more and more integrated is becoming less integrated and becoming a little bit more isolated," he said."And that's not to Citigroup's advantage." Citigroup has prided itself on being the most global of global banks for decades, but after the 2007-2009 financial crisis, it pulled back from many regions and businesses. Even so, the bank still operates in 98 countries, partly to ensure that multinational clients have access to markets in which they operate.

Dickson is co-head alongside Manolo Falco, who is based in London. On the first anniversary of their professional marriage, the two sent balloons and a cake, respectively, to the other’s office to celebrate a job well done.

 

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