The firm’s new diverse financial institutions group team will be led by
“Harold will be responsible for coordinating with internal and external resources that will deliver capital-markets, transactional and corporate-banking solutions, and advice on risk management and strategy to a number of small and mid-sized financial institutions,”
In the aftermath of protests over George Floyd’s death at the hands of police, many of the country’s largest banks vowed to step up their efforts to mentor and work with the country’s shrinking number of minority depository institutions. Since then, Citigroup and its rivals
Butler will report to Heppolette and Sohoni. His team is charged with expanding Citigroup’s capital-markets activity with minority-owned broker-dealers and asset managers as well as oversee Citigroup’s equity investments in minority depository institutions.
To contact the reporter on this story:
To contact the editors responsible for this story:
© 2022 Bloomberg L.P. All rights reserved. Used with permission.