Citigroup moves into pensions
Citigroup investment bank has set up a European insurance and pensions structured solutions group in London.
The new 20-strong team will be headed by Wiltrud Heiss and will provide bespoke solutions for insurers and corporate pensions funds Investment & Pensions Europe reports.
The banks says, "The group offers expertise in capital raising, derivatives structured products and structured finance, along with actuarial, accounting and risk management modelling expertise."