Citigroup Poaches JPMorgan's Investment Banking Chief

Viswas Raghavan joins Citigroup as head of banking, prompting leadership reshuffle at JPMorgan.

Citigroup has appointed Viswas Raghavan, previously JPMorgan's head of global investment banking, as its new head of banking.
Raghavan's move to Citigroup has led to a leadership reshuffle at JPMorgan, with Doug Petno and Filippo Gori named as co-heads of investment banking.
Citigroup's CEO Jane Fraser highlights Raghavan's strategic leadership and track record in global banking as key to driving the company's strategy.
The leadership changes at JPMorgan and Citigroup reflect ongoing efforts to streamline operations and enhance global banking services.
Analysts view Raghavan's appointment as part of Citigroup's broader restructuring efforts aimed at improving efficiency and shareholder value.