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Citi combined its technology and communications groups to create a new team in its investment bank.
The new group will serve clients in the media, data, and technology sectors.
Philip Drury, previously Citi s head of banking, capital markets, and advisory, in London, will lead the new group.
Citi is rethinking how to group its internal teams to better serve clients facing disruption from waves of ongoing innovation.
The bank is uniting its technology and communications teams into a new group, called Tech & Comms, to provide technology, media, entertainment, data, and telecommunications clients with more comprehensive client service, the firm announced internally on Monday.