When Vis Raghavan heard that Citigroup Inc. Chief Jane Fraser was struggling to find someone to oversee investment banking last year, he called her with an audacious pitch: The London-based banker, whose star was dimming at Jamie Dimon’s JPMorgan Chase & Co., said he could work wonders for Citigroup’s franchise.
Fraser’s decision to hire him after just a few days of talks — including his quick flight to meet her in New York — appears to be paying off.
The hard-charging banker’s arrival last year has energized the division, pushing his team to relentlessly pursue deals while cutting underperformers to ...
