NEW YORK, June 20 (Reuters) - Citigroup ( C/PN ) hired
Drago Rajkovic as its co-head of mergers and acquisitions from
rival JPMorgan Chase ( JPM ), 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 ( JPM ), according to the memo signed by Citi's head of banking
Viswas "Vis" Raghavan, who is also a JPMorgan ( JPM ) 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.