Citigroup hires Drago Rajkovic as co-head of M&A from JPMorgan, memo says
NEW YORK, June 20 (Reuters) - Citigroup (C.N), opens new tab hired Drago Rajkovic as its co-head of mergers and acquisitions from rival JPMorgan Chase (JPM.N), opens new tab, according to a memo seen by Reuters on Friday.
Rajkovic, who has more than three decades of advisory experience, was most recently global chairman of M&A at JPMorgan, according to the memo signed by Citi's head of banking Viswas "Vis" Raghavan, who is also a JPMorgan alum.
Rajkovic will join in September and lead M&A alongside Kevin Cox, the memo added. Rajkovic will divide his time between New York and San Francisco.
His recent deals included the $8 billion acquisition of Informatica by Salesforce and the purchase of Juniper Networks by Hewlett-Packard Enterprise for $14 billion.
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