Citi shake-up to stay on track after Bardrick and Falco take on Europe
Tom King’s departure from Citi has enabled it to promote James Bardrick and Manuel Falco to joint heads of the European business. They are popular choices but the other contenders for the job may now feel their futures lie elsewhere.
Right decision but wait for the fall-out. That was the verdict this week on Citigroups investment banking reshuffle, prompted by European business head Tom Kings departure.
King quit after losing a power struggle with Raymond Maguire, who was promoted to run global investment banking in July. He is understood
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