Citi to launch infra team in strategic overhaul

Citigroup is set to create a new infrastructure team in Europe, as the bank moves away from years of cost cutting

Citigroup is set to create a new infrastructure team in Europe, as the bank moves away from years of cost cutting to selectively invest in its investment banking business.

Citi recently launched a new unit to oversee European investment banking, created by Manolo Falco, head of corporate and investment banking across Europe, Middle East, and Africa.

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