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Citigroup hires Credit Suisse dealmaker Shah to drive technology M&A

The US bank is building a new 'supergroup' under its former European investment banking boss

Citigroup is expanding its investment banking unit in a bid to catch up with Wall Street rivals
Citigroup is expanding its investment banking unit in a bid to catch up with Wall Street rivals Photo: Getty Images

Citigroup has poached a senior banker from Credit Suisse as it looks to build out a team of dealmakers under former European investment banking boss, Philip Drury.

The US investment bank has named Dhiren Shah as chairman of global technology mergers and acquisitions, according to an internal memo seen by Financial News.

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