Citi shakes up origination: Rehman, Lavelle winners, new job for Leat
Citigroup has merged its debt and equity origination divisions, following similar moves made by UBS and JP Morgan in recent weeks. The changes also involve a shake-up of regional bond syndicate reporting lines and big promotions for bankers associated with equities, high yield and emerging markets, including Atiq-Ur Rehman.
Former co-head of credit markets Chad Leat has also been given a new job at Citi chairman of a new group in investment banking called the alternative asset group.
However, investment grade debt origination bankers appear to have been largely overlooked in the new management set-up.
According to an
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