Citigroup has hired Tom Cole, a leveraged finance veteran who has held top posts at HSBC and Deutsche Bank, as co-head of its leveraged finance team, according to a Citi memo obtained by IDD sister publication Leveraged Finance News.
Cole, who starts July 19, was most recently the co-head of global banking for the Americas at HSBC. Prior to that was cohead of leveraged and acquisition finance at Deutsche Bank. Citi’s leveraged finance team is co-headed by Barbara Mata. The team is part of Citi’s capital markets origination group for the Americas. Cole and Mata report to Richard Zogheb and John Chirico, the co-heads of that group.