Citigroup has snagged Barclays' head of U.S. leveraged loan syndications to head up its leveraged syndicate group for the Americas.

William Hughes will be based in New York and will be responsible for underwriting and distributing leveraged loans and high yield bonds. He will work closely with Ish McLaughlin, Citi’s head of the investment grade bond syndicate in the Americas, and Phil Drury, the bank's head of the equity syndicate in the Americas.

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