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citi promotes tom strong as lead analyst after goldman poaches brendan sproules
Citi has swiftly promoted Tom Strong to lead coverage of major bank stocks following the departure of its lead analyst, Brendan Sproules, to Goldman Sachs. This shift is indicative of increased volatility in the banking analyst sector, driven by competitive offers and a focus on enhancing Citi's advisory research capabilities. A spokesperson emphasized the firm's commitment to investing in its research offerings to strengthen its market position.
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