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0 0.000484496124031083 0.00775193798449613 -0.00363372093023252 -0.000484496124030911 -0.00145348837209308 0.000968992248061995 -0.00387596899224798
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Citi hires top dealmaker Jeff Stute from Perella to bolster healthcare M&A ranks [Yahoo! Finance Canada]

Perella Weinberg Partners - Class A (PWP) 
NEW YORK (Reuters) - Jeff Stute, a veteran investment banker with a career spanning three decades at Perella Weinberg Partners and JPMorgan Chase, is joining Citigroup as a vice chair focused on healthcare mergers in North America, according to a memo seen by Reuters. The move is expected to bolster Citi's healthcare investment banking franchise and is part of the Wall Street bank's push to win more market share from rivals including Centerview Partners, JPMorgan and Goldman Sachs. Stute, who is based in New York, will join Citi in December and report to Kevin Cox, the bank's interim global head of M&A. In his new role, Stute will also work closely with Torrey Browder, head of healthcare M&A at Citi. Stute, who has advised on several large pharmaceutical transactions during his career, joined Perella in 2019 as a partner focused on healthcare deals. Prior to his stint at Perella, Stute spent 25 years at JPMorgan where he was co-head of North America M&A and later served as glob Show less Read more
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