Trading Places: Citi nabs Julia Frank, Credit Suisse bleeds staff, Crux’s Pease to retire

Citigroup has hired Credit Suisse investment banker Julia Frank as a managing director within its leveraged finance team. She joins in Frankfurt after more than 10 years at the Swiss bank and will report to senior leveraged finance bankers Paul Gibbs and Uday Malhotra.

Goldman Sachs is kicking off its third round of job cuts within a year and is set to strip out 250 staff, largely at a senior level.

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