Citigroup taps RBC banker to co-run software investment banking group

Citigroup taps RBC banker to co-run software investment banking group

Citigroup Inc (C.N) said on Wednesday it hired Niall Cannon to co-run its global software practice within its investment bank.

Cannon, who joins the third-largest U.S. bank after 20 years at RBC Capital Markets, will focus on broadening Citi’s coverage of the fast-growing software sector.

“Niall has established strong client relationships, sector expertise and a track record of successful transactions,” Citi top corporate investment banking executives said in an internal memo.

Cannon is expected to start by the end of September.

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