Citigroup Hires UBS European M&A Head Guerin for Asset Sales

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Citigroup Inc., the third-largest U.S. bank by assets, hired former UBS AG European mergers co-head Pat Guerin to advise clients on asset sales.

He will be based in London and report to European M&A chief Wilhelm Schulz, New York-based Citigroup said in an internal memorandum to employees. A spokeswoman in London confirmed the contents of the document today.