Finance
Citigroup taps Barclays, Nordea executives to head Nordic investment banking
Published by Global Banking & Finance Review®
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Citigroup appoints Barclays and Nordea executives to lead its Nordic investment banking, enhancing its European operations.
(Reuters) -Citigroup has hired Tobias Akermark from Barclays and Kasper Dichow from Nordea to jointly lead its Nordic investment banking franchise, the U.S. bank said on Monday, as it expands its European operations.
Akermark, most recently Barclays' country CEO for Sweden and head of Nordic banking, would be based in Stockholm and join later this year.
Dichow, who led Finland-based lender Nordea's Nordic corporate finance and equity capital markets team, would work from Copenhagen, starting early 2026.
The bankers each have nearly two decades of investment banking experience. Prior to Barclays, Akermark had worked for 15 years at Morgan Stanley, including as the head of Nordic M&A. Dichow was leading Credit Suisse's Nordic investment banking business before joining Nordea in 2015.
Citigroup, which has been undergoing a major turnaround, including selling businesses and simplifying its structure, expects investment banking fees and markets revenue to grow in mid-single digits in the third quarter compared to a year earlier.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Shilpi Majumdar)
Corporate finance refers to the financial activities related to running a corporation, primarily focused on maximizing shareholder value through long-term and short-term financial planning.
A leadership appointment is the process of selecting individuals for key management positions within an organization, often based on their experience and qualifications.
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