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Citigroup shakes up European debt underwriting with senior departures

Around seven top bankers have left Citi’s European DCM team in recent days, FN has learned

Citigroup has seen departures in its European DCM team amid a wider overhaul at the US bank
Citigroup has seen departures in its European DCM team amid a wider overhaul at the US bank Photo: Mike Kemp/In Pictures via Getty Images

Senior debt capital markets bankers at Citigroup in Europe are set to depart the bank as it continues to reshape its business.

Around six senior bankers in the division are set to leave, including at least three managing directors, according to people familiar with the matter.

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