Citigroup Hires UBS’s Palamara for High-Yield, Distressed Sales
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Citigroup Inc. said it hired Frank Palamara from UBS AG for high-yield and distressed debt sales.
Palamara is rejoining Citigroup after leaving in 2009 to be a senior salesman covering high-yield and leveraged loan markets at UBS, the New York-based bank said in a statement today. Citigroup also said Nathan Stone is joining its high-yield team from London-based Evolution Securities Ltd.