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BMO Capital Markets Opens the Market Wednesday, September 20, 2023
Vis Raghavan, the new head of Citi's investment bank, may want to take heed. Business Insider reports that Citi has lost 17 bankers to Bank of Montreal (BMO). The Asian Infrastructure Investment Bank raised US$ million in its first bond issuance underpinned by blockchain technology, aided by Citigroup Inc. and BMO. Citi's crown-jewel law firm group lost 17 bankers today to Canadian bank BMO, two sources told me. The mass exodus includes the unit's head Joe Ryan.
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