Citigroup taps RBC banker to co-run software investment banking group

Reuters

Published Jul 01, 2020 04:13PM ET

By Imani Moise

(Reuters) - Citigroup Inc (N:C) said on Wednesday it hired Niall Cannon to co-run its global software practice within its investment bank.

Cannon, who joins the third-largest U.S. bank after 20 years at RBC Capital Markets, will focus on broadening Citi's coverage of the fast-growing software sector.

"Niall has established strong client relationships, sector expertise and a track record of successful transactions," Citi top corporate investment banking executives said in an internal memo seen by Reuters.