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Citigroup eyes UK and Ireland growth amid ‘feeding frenzy’ deal boom

The UK investment banking market is booming, and Citigroup is expanding

Citi has 30-35 bankers working in its UK and Ireland investment bank and plans to bolster this in the coming months
Citi has 30-35 bankers working in its UK and Ireland investment bank and plans to bolster this in the coming months Photo: Alamy

Citigroup is bolstering its roster of FTSE-100 companies and hiring dealmakers in the City after a shake-up at the top of its UK and Ireland investment bank.

James Fleming and Jan Skarbek, who were installed as the new heads of Citi’s UK and Ireland banking, capital markets and advisory unit in June, told Financial News that the bank is aiming for a consistent top three position in the investment banking league tables in the countries, having leapfrogged rivals in Europe’s biggest market amid a deal boom in 2021. 

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