9. INDUSTRY, INNOVATION, AND INFRASTRUCTURE

Citigroup hires Goldman Sachs exec to run U.S. investment grade bonds business – Financial Post

Citigroup hires Goldman Sachs exec to run U.S. investment grade bonds business  Financial Post

Citigroup Inc has hired Goldman Sachs Group Inc’s Marc Banziger to become Co-Head of Corporates for U.S. Investment Grade Bonds, according to an internal memo viewed by Reuters.

Banziger joins the third-largest bank by assets after 10 years in Goldman’s investment bank where he lead healthcare investment grade financing.

Jeff Kania has been promoted to be the other co-head, according to the memo signed by North American Investment Grade Capital Markets head Peter Aherne. (Reporting by Imani Moise)

Source: business.financialpost.com

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