Citi Hires Two London Bankers to Advise on Private Equity Exits

Citigroup Inc. has hired two investment bankers in London to build out its team advising private equity firms and other companies selling assets.

The Wall Street bank appointed Edward Joudrey as co-head of UK and Europe sellside M&A, alongside Matias Brechner, according to a staff memo seen by Bloomberg News. Joudrey held a similar role at Bank of America Corp. before joining J. Safra Sarasin last year to build out the bank’s advisory arm. He will report to Citi’s European M&A heads Barry Weir and Robin Rousseau.