{
}
Citi's Michael Lavelle has been appointed vice chairman of lending after three decades, while Blackstone's Joseph Baratta and Michael Chae join the ranks of billionaires. UBS's Mike Dargan received a $12m loan to aid in the complex integration of Credit Suisse, as the demand for junior bankers dwindles amid a challenging work environment. Meanwhile, HSBC faces pressure in equities trading, with US banks increasingly dominating the market.
Citigroup has appointed Michael Lavelle as vice chairman of global financing, enhancing its strategy to utilize its balance sheet for more profitable ventures. Based in London, Lavelle, a seasoned banker with nearly three decades at Citigroup, will manage clients in the UK and Ireland while advising global clients on capital markets and financing. He will report to Achintya Mangla, who leads financing for investment banking at Citigroup.
Citigroup has appointed Michael Lavelle as vice chairman of global financing, enhancing its strategy to utilize its balance sheet for more profitable ventures. Based in London, Lavelle, a seasoned banker with nearly 30 years at Citigroup, will manage clients in the UK and Ireland while advising on capital markets globally. He will report to Achintya Mangla, who leads financing for investment banking after joining from JPMorgan Chase.
Michael Lavelle
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
banking industry faces challenges as integration efforts and hiring slow down
Credit Suisse Strategic Income I
JPMorgan U.S. Research Enhanced Large Cap ETF
Bank of America Corporation
Citizens, Inc.
Blackstone Inc.
Jens Becker
Mike Dargan
Francisco Abularach
Joseph Baratta
Jon Gray
Michael Lavelle
Steve Schwarzman
Sergio Ermotti
Michael Chae
Show more
10:19 18.03.2025
Citigroup appoints Michael Lavelle as vice chairman of global financing
15:16 17.03.2025
Citigroup appoints Michael Lavelle as vice chairman of global financing
15:09 17.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Government Policies
Market Analysis and Predictions
Startups & Entrepreneurship
Financial Scams and Security
Hedge Funds & Private Equity
Private Equity Deals
Banking & Investment Regulations
Government Economic Policies
Domestic Politics
Countries:
Companies:
Credit Suisse Strategic Income I
JPMorgan Chase & Co.
Barclays PLC
Bank of America Corporation
Morgan Stanley
UBS Group AG
The Goldman Sachs Group, Inc.
Tesla, Inc.
Wells Fargo & Company
Deutsche Bank RV Global PP
Apple Inc.
Banco Santander, S.A.
Citigroup Inc.
NVIDIA Corporation
Microsoft Corporation
SpaceXCoin USD
Amazon.com, Inc.
BNP Paribas SA
Lloyds Banking Group plc
HSBC Holdings plc
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Indian Rupee
Chinese Yuan
Japanese Yen
Australian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Canadian Dollar
Brazilian Real
Singapore Dollar
Saudi Riyal
Offshore Chinese Yuan
Norwegian Krone
Swedish Krona
New Taiwan Dollar
South African Rand
Egyptian Pound
People: