Citigroup continues strategic investment banking talent raid on JPMorgan
Since Vis Raghavan took over the reins last year, several have jumped ship.
Citigroup is making aggressive moves to revitalize its investment banking unit by recruiting top talent, a strategy being led by Viswas “Vis” Raghavan, who joined as head of banking last June.
The former JPMorgan Chase veteran has initiated a targeted hiring spree, successfully luring a number of his former colleagues to the rival firm after his non-solicitation agreement with JPMorgan expired. It has already resulted in at least 10 senior investment bankers moving to Citi.
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