• Mon, March 3, 2025
  • Tue, March 4, 2025

Citi's consumer and retail M&A head Finkelstein to leave bank, sources say

David Finkelstein, a veteran investment banker who currently heads Citigroup's global consumer and retail banking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday.
According to a Reuters article published on March 3, 2025, Mark Finkelstein, the head of consumer and retail mergers and acquisitions (M&A) at Citigroup, is set to leave the bank. Sources familiar with the matter revealed that Finkelstein, who has been with Citigroup for over two decades, will depart to explore new opportunities. His exit comes at a time when Citigroup is undergoing a significant restructuring under CEO Jane Fraser, aiming to streamline operations and focus on core businesses. Finkelstein's departure is part of a broader reshuffling within the bank's investment banking division, which has seen several high-profile exits in recent months. The bank has not yet announced a replacement for Finkelstein, but it is actively seeking a new leader for its consumer and retail M&A team.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/citis-consumer-retail-ma-head-finkelstein-leave-bank-sources-say-2025-03-03/

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