Followers | 680 |
Posts | 141194 |
Boards Moderated | 36 |
Alias Born | 03/10/2004 |
Monday, April 19, 2021 2:32:03 PM
By: Pamela Barbaglia | April 19, 2021
LONDON (Reuters) - Citigroup (NYSE:C) has tasked one of its most senior London-based bankers with leading its new technology and communications franchise as the sector benefits from a wave of deals triggered by digital disruption.
British-born Philip Drury, who has been leading Citi's banking, capital markets and advisory business across Europe, the Middle East and Africa since 2018, will quit London to take on a new global role as Tech & Comms' head out of San Francisco.
Digital transformation has proved to be a key driver of dealmaking since the second half of 2020, with companies around the world using technology and data analytics to cope with the fallout of the coronavirus pandemic.
"Tech & Comms is one of the fastest growing franchises in global banking, capital markets and advisory and represents one of the greatest opportunities to close our competitive gap," said the memo, which was signed by the co-heads of Citi's banking, capital markets and advisory business globally, Tyler Dickson and Manuel Falco.
Drury joined Citi in 2000 as an equity capital markets banker based in New York and quickly rose through the ranks to lead the ECM coverage in the Americas in 2011.
The Tech & Comms team, which includes three global heads of communications, Gordon Kroft, Dan Richards and Wilhelm Schulz, will support Citi's financial institutions group to make a joint push on fintech advisory.
Drury will remain in charge of the banking, capital markets and advisory (BCMA) business until a successor is found.
Citi also announced that BCMA's vice chairman Mark Hantho will become chairman of the Tech & Comms unit.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent C News
- Form 13F-HR - Quarterly report filed by institutional managers, Holdings • Edgar (US Regulatory) • 05/10/2024 02:14:43 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/09/2024 07:53:54 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/09/2024 06:51:45 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/08/2024 08:36:53 PM
- Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds • Business Wire • 05/08/2024 12:33:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/07/2024 02:51:14 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/07/2024 02:32:47 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/06/2024 09:16:42 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/06/2024 07:25:29 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 05/06/2024 06:58:57 PM
- Citigroup Announces $2.0 Billion Redemption of 0.981% Fixed Rate / Floating Rate Notes due 2025 and $500.0 Million Redemption of Floating Rate Notes due 2025 • Business Wire • 04/26/2024 08:15:00 PM
- Anglo American Rejects BHP Group’s Offer, Toyota Invests $1.4 Billion in Indiana, and More News • IH Market News • 04/26/2024 11:48:07 AM
- Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 • Business Wire • 04/24/2024 01:00:00 PM
- Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News • IH Market News • 04/23/2024 11:25:34 AM
- United Shares Surge 5.3% in Q1 2024 Earnings Beat; Take-Two Cuts 5% of Workforce, and More News • IH Market News • 04/17/2024 10:57:39 AM
- CitiGroup Announces Full Redemption of Series D Preferred Stock • Business Wire • 04/15/2024 08:15:00 PM
- Upbeat Earnings, Retail Sales Data May Generate Buying Interest • IH Market News • 04/15/2024 01:10:16 PM
- U.S. Index Futures Surge after Dow Jones’ Worst Week, Oil Prices Dip • IH Market News • 04/15/2024 11:08:21 AM
- U.S. Stocks Pulling Back Sharply As JPMorgan Chase Disappoints • IH Market News • 04/12/2024 08:21:52 PM
- U.S. Stocks May Move Back To The Downside In Early Trading • IH Market News • 04/12/2024 01:10:09 PM
- Citigroup Reports First Quarter 2024 Results • Business Wire • 04/12/2024 12:00:00 PM
- U.S. Index Futures Indecisive Ahead of Banking Earnings, Oil Prices Surge • IH Market News • 04/12/2024 11:07:01 AM
- Nasdaq Surges To New Record Closing High But Dow Closes Little Changed • IH Market News • 04/11/2024 08:25:37 PM
- Citigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate / Floating Rate Notes due 2025 • Business Wire • 04/09/2024 08:15:00 PM
- U.S. Futures Dip Ahead of Key Inflation Data and Q1 Earnings Season Kickoff, Oil Prices Decline • IH Market News • 04/08/2024 11:19:03 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM