Citigroup is recruiting five senior investment bankers in the US to expand its business and compete for global market share. According to an internal memorandum, Chris Gross will join Citibank from Bank of America to cover the payments, fintech, and digital assets sectors. He will be working in New York from September. Additionally, Citi will add other senior bankers in San Francisco to expand its North American technology business. Florian Pratt, Dhruv Fortadal, and Anand Agarwal will join from J.P. Morgan Chase in August, while Josh Hitz is from UBS Group. Pratt will focus on software and semiconductor companies, Fortadal will be responsible for the business coverage of enterprise infrastructure customers in the field of software and artificial intelligence, Agarwal will focus on semiconductor and artificial intelligence companies, and Schitz will strengthen Citi's business coverage in the software field. According to the memorandum, all new members will join Citi as managing directors. A Citi spokesperson confirmed the contents of the memorandum.

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