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Architect of the world's first euro-denominated bond becomes chairman of the Wall Street bank's London-headquartered broker-dealer

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Citigroup has recruited a 40-year capital markets veteran, and architect of the world’s first euro-denominated bond, as chairman of its European broker-dealer subsidiary.

Companies House filings and the Financial Conduct Authority register show Cyrus Ardalan, 67, joined Citigroup Global Markets, the US bank’s London-headquartered broker-dealer business spanning Europe, the Middle East and Africa, in early August.

Vivek Ahuja

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