Vis Raghavan News

18.12 / 13:55

markets UPS Citi BLOCK Pool Trade reports Citi bankers are wondering about the $45m loss and their bonuses

If you're going to make a $45m loss on a block trade, December is probably not the time to do it. It's unfortunate, then, that this is what has occurred at Citi.

06.02 / 00:21

CEO WhatsApp reports International New India Head at CitiBank

Vis Raghavan, head of banking at Citibank, and Ernesto Torres Cantu, head of international, on Wednesday announced that India CEO Ashu Khullar will partner with Anthony Diamandakis to be co-head of global asset managers (GAM) at the bank. K Balasubramanian will replace Khullar as India subcontinent banking head, and CCO, for the bank, reporting to Amol Gupte, head of Asia South and banking head, subject to regulatory approval from the RBI. ET had reported about the promotions in its Wednesday edition.

20.10 / 00:51

markets COST Citi CEO Citigroup Exodus Citi's exodus under its shiny new leader looks like a warning to Vis Raghavan

Jane Fraser, CEO of Citigroup, likes Andy Sieg. She regularly praises him during the bank's investor calls and notes his importance to reshaping the bank's wealth management business, where costs still consumed 85% of revenues in the second quarter.

06.04 / 12:23

markets UPS Citi Waves JPMorgan JPM Friend JPMorgan's global head of ECM is now free to join his friend at Citi

Achintya Mangla didn't stay long in New York. After moving from London to JPM's New York headquarters to become global head of equitycapital markets in September 2022, the bank today waved him on his way.

05.11 / 03:11

JPMorgan JPMorgan’s Raghavan: long hours part of life for ‘exceptionally well-compensated’ bankers

Banks need to root out the “waterfall of inefficiencies” to improve work-life balance for juniors, but the long hours culture is unlikely to disappear entirely, according to one of JPMorgan’s top investment bankers.

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