NEW YORK--(BUSINESS WIRE)--Citi today announced that Douglas Trauber will join its Corporate and Investment Banking group in August as Global Co-Head of Retail. Once in this role, Douglas will oversee coverage for Citi’s Retail banking team.
Douglas brings nearly 20 years of Retail and Consumer banking experience to Citi. He joins Citi from Credit Suisse, where he has been the Head of Retail, leading client coverage across the retail sector, including supermarkets, discounters and drug stores, as well as department and specialty stores.
Prior to Credit Suisse, Douglas served as Executive Director of UBS’s Retail and Consumer Industry group. Douglas started his career as an Analyst and Associate at Credit Suisse.
“We are proud that Douglas will be joining the Citi team,” said Raymond J. McGuire, Global Head of Corporate and Investment Banking at Citi. “This announcement clearly shows Citi’s commitment to providing our clients with the best advice and talent in the market. With his wealth of experience, deep industry relationships and long track record of success, Douglas brings a range of skills to our Retail practice, enhancing our ability to provide innovative solutions to our clients.”
Douglas will work closely with Richard Moriarty, his partner as Global Co-Head of Retail. He is a graduate of The Wharton School and Washington University in St. Louis.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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