Prominent investment banker Vis Raghavan transitioned from JPMorgan to Citigroup over a single weekend for a massive Rs 490+ crore package.
The rapid hiring bypassed traditional executive search firms, with Raghavan negotiating directly with Citigroup leadership to control the narrative of his exit.
:Citigroup made the aggressive move to revitalize its lagging investment banking division, betting on Raghavan's proven track record as a high-volume rainmaker.
The event underscores a Wall Street reality where financial performance and client relationships often override corporate culture concerns at the executive level.
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