China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

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Skip Navigation LinksHome :: People: Citi streamlines capital markets – again

August 2008

People: Citi streamlines capital markets – again

New heads of fixed income, loans and equity appointed in Europe – Berman takes banking role.


Citi has taken another step to merge its origination client-facing functions in EMEA. The region’s capital markets chiefs, Michael Lavelle and Atiq-ur-Rehman, have made changes to align their various businesses under EMEA banking head Tom King. King was head of investment banking but in June was also given the coverage functions for the corporate bank and...


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