Last year, Vis Raghavan heard Citigroup (C) CEO Jane Fraser was looking for someone to oversee investment banking, so he reached out saying he could work wonders for the company’s franchise, Todd Gillespie, Dinesh Nair, Hannah Levitt, and Michelle Davis of Bloomberg reports. Previously a banker at JPMorgan (JPM), Raghavan’s arrival energized the division, pushing his team to pursue deals while cutting underperformers. Additionally, Raghavan has emerged as a potential candidate to succeed Fraser one day.
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