People News: Citigroup, Deutsche Bank, Lloyds

Citi Building Canary Wharf

Citigroup, the fourth-ranked adviser on global technology deals this year, has hired David Locala from Deutsche Bank to strengthen its mergers and acquisitions practice.

Bloomberg News reports that Locala, 48, will lead technology M&A globally when he joins Citigroup in November, according to Rob Julavits, a spokesman for the company.

Locala, who declined to comment, will be based in San Francisco and report to global M&A co-heads Mark Shafir and Peter Tague.

In the meantime, Bloomberg also reports that Lloyds Banking Group appointed credit-products head Juan Blasco to run its money-markets business, according to two people with knowledge of the matter.

Christophe Coutte, currently head of rates products, will assume responsibility for credit as part of an expanded role, said the people, who asked not to be identified because the changes are private. 

Citigroup Hires Deutsche Bank’s Locala to Strengthen M&A Team

Lloyds’ Credit Head Blasco Said Appointed to Money Markets Chief

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