Citi hires US leveraged finance unit MD

Citigroup has hired Christopher Abbate as a managing director for its US leveraged finance unit. Abbate will be based in New York and report to Barbara Matas and Tom Cole, co-heads of the division. He joins from UBS where he worked in a similar role.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire