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 capital markets; a move that creates a single origination platform where before there were at least three.
Lavelle and Rehman have made Eirik Winter head of fixed-income capital markets.
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