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The fresh round of cuts amounts to 5% of dealmaker headcount in the UK

Investment Banking Editor

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Citigroup is planning around 50 job cuts within its London-based investment and corporate banking units as large firms continue to trim dealmaking teams amid slumping fees.

Citigroup set to cut 50 London jobs as dealmaking slump hits

Citigroup set to cut 50 London roles as dealmaking slump hits

Paul Clarke

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