Investment Banking

Citigroup hires Malhotra from Bank of America to co-head European leveraged finance

Malhotra spent just eight months at Bank of America before moving on

Monday 25 July 2022 at 17:10

Citi looks to double down on loans and leveraged finance business
Citi looks to double down on loans and leveraged finance business Photo: Alex Tai/Getty Images

Citigroup hired a new head of leveraged finance in Europe after promoting former boss Toby Ali to lead a venture capital unit.

Uday Malhotra has been named co-head of loans and leveraged finance in Europe, the Middle East and Africa, according to an internal memo seen by Financial News.