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Citi hires Deutsche CDO head

Citigroup has hired Michael Raynes as head of its global structured credit products division in New York. He joins from Deutsche Bank, where he spent six years, most recently as head of the global CDO group and co-head of the global securitised products group.

Raynes takes over from former head Steven Jones, who retired earlier this year. In his new role he will be responsible for primary and

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