City Of London
Rising Stars of Banking Don’t Know World Without Cheap Money, Citi Executive Says
- Bankers hired after 2008 crisis to ‘learn a lot’ as rates rise
- Harding-Jones says pandemic has also distorted expectations
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One of Citigroup Inc.’s top bankers in London said it was “fascinating” that some of the Wall Street firm’s rising stars had spent their whole careers in an era of cheap money.
Alison Harding-Jones, vice chair of corporate and investment and head of M&A in Europe, the Middle East and Africa at Citigroup, said rising rates were helping create an environment where more junior bankers “will learn a lot.”