Southpaw: Citi pauses for breath after recruitment spree

30 Jun 2011

Few investment banks have rebuilt since the crisis as quickly or as heavily as Citigroup. After shaking off US government ownership in 2009, the bank is digesting a frantic recruitment spree. It is also climbing up the league tables, as David Rothnie writes.

During the first half of the year, Citi was the only top 10 investment bank to gain market share across all products and regions — with the exception of Japan, where it slipped from seventh to 10th. The improvement was particularly marked in Europe, where it re-entered the top ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial