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Citigroup names new co-head of mergers and acquisitions from JPMorgan

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Citigroup has appointed Guillermo Baygual, a former JPMorgan Chase & Co. executive, to co-lead its mergers and acquisitions division. Baygual’s recruitment is part of a series of strategic hires from a key industry rival, a report from Bloomberg said. An internal memo revealed that Baygual will work alongside Drago Rajkovic,…

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