Citi to boost investment banking headcount in India betting on deals surge

Citi to boost investment banking headcount in India betting on deals surge

FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo

Citigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in equity capital market and M&A deals in one of the world’s fastest growing economies, a top country executive said.