Investment Banking

Citigroup names Robert Way to lead UK deals team as Truscott quits for KKR-owned investor

Citigroup continues to shake up the senior leadership of its European investment bank

Citigroup is making a fresh push in its European investment bank and is gunning for the number one spot in the region, executives have told FN
Citigroup is making a fresh push in its European investment bank and is gunning for the number one spot in the region, executives have told FN Photo: Benjamin Girette/Getty Images

Citigroup has promoted veteran dealmaker Robert Way to lead its UK investment banking team after its current boss stepped down to become the chief executive of KKR-owned infrastructure investor John Laing.

Way was named head of UK investment banking at Citigroup on 27 March, according to a memo seen by Financial News. He replaces Andrew Truscott, the former JPMorgan banker who joined Citi five years ago.

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