Citigroup has appointed Frank Palamara for high-yield and distressed debt sales, Bloomberg reports. Palamara is rejoining the group from UBS, where he served as a senior salesman covering high-yield and leveraged loan markets.
The bank also hired former Evolution Securities executive Nathan Stone for the high-yield team. Based in London, the duo will work under head of credit sales for Citigroup in Europe Conor Davis.
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