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Investment Banking

Citi hires Barclays’ Peter Kimpel as new Germany investment bank head

Investment banking fees in the country have increased by nearly 20% this year

Citigroup has hired a senior investment banker from Barclays in Frankfurt, as large investment banks continue to bolster their ranks on the continent.

The US bank has named Peter Kimpel as head of banking, capital markets and advisory for Germany and Austria, according to an internal memo seen by Financial News.

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