Citi sustainability: grey heads and millennials

Manolo Falco Citi 230x150
By Jon Hay
28 May 2020

Citigroup’s new architecture to make its banking, capital markets and advisory (BCMA) group a fitter competitor in sustainability and ESG issues emphasises two channels of communication, according to Manuel Falcó, co-head of BCMA, through the most senior rainmakers and a cadre of younger enthusiasts.

These lines reflect the reality of achieving change in investment banks: any initiative needs the buy-in of big hitters, but the energy to switch direction may come from more junior bankers.

Falcó and Tyler Dickson, the other co-head, announced on May 19 a new set of structures that ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial