08:11 AM EDT, 08/18/2025 (MT Newswires) -- Citigroup's ( C ) banking head Vis Raghavan has accelerated recruitment of former colleagues in JPMorgan Chase ( JPM ) and at least 10 senior investment bankers have now agreed to join the bank, the Financial Times reported Monday.

Raghavan was with JPMorgan for more than 20 years, most recently serving as global head of investment banking before joining Citi, according to the report.

In the past month, Citigroup ( C ) has hired five former JPMorgan senior investment bankers. Five other former JPMorgan bankers were recruited earlier and have already taken senior roles in Citi, the report said.

Citigroup ( C ) and JPMorgan did not immediately reply to requests for comment from MT Newswires.

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