Alan Patterson, head of the financial institutions group at Citi, is moving on from origination to a new role of capital management advisory. He will report to Valentin Ehmer, who runs the fixed income and derivatives product group.
Over the past few years, Citi appears to have concentrated on market share but critics say that it has lost out to competitors on solving problems. After looking after FIG origination for seven years he will have a sturdy new challenge to get to grips with.
“Alan is going to be running a multi-disciplinary, quantitative, product specialist, capital management advisory group.
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