Citi Hires Leveraged-Finance Banker to Chase Private Equity Work

Citigroup Inc. hired Ryan Williams from Bank of Montreal to co-lead part of its leveraged-finance business, the latest move by its banking head to strengthen the firm’s focus on private equity clients.

Williams will become co-head of leveraged-finance origination and syndication for North America, alongside Scott Sartorius, according to a memo to staff from John McAuley, Citigroup’s head of debt capital markets for North America. A bank spokesperson confirmed the contents of the memo, seen by Bloomberg News.

Williams, who joined Citigroup after two years at Bank of Montreal and 14 years at Credit Suisse, arrives at Citigroup ...