Finance
Citi Plans Ukraine Deals as Top Government Banker Retires
Rescuers rest amid damage following a Russian strike in Kramatorsk, Ukraine, on June 22.
Photographer: Tetiana Dzhafarova/AFP/Getty ImagesCitigroup Inc.’s top banker to governments is retiring, but has at least one more appointment to keep.
In September, Julie Monaco will travel to Europe for her bank’s Ukraine unit’s board meeting. It’s one sign of Ukraine’s importance to Citigroup, which is the only US bank still operating in the country and counts the government among its roughly 500 clients there. Now, it’s readying for the nation’s reconstruction once Russia’s war on Ukraine is ultimately over.