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Citigroup to cut 35 UK investment banking jobs as dealmaking drought continues

The Wall Street bank flagged possible UK redundancies earlier in September

Fraser is taking 'hard, consequential, tough decisions' to restructure lender
Fraser is taking 'hard, consequential, tough decisions' to restructure lender Photo: Mike Kemp/Getty Images

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Citigroup is set to cut 35 jobs in its UK investment bank amid a sweeping reorganisation unveiled by its chief executive Jane Fraser.

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