Finance
Citi Hires Deutsche Bank's Wagner to Head Private Company Coverage in Germany, Austria
Published by Global Banking & Finance Review®
Posted on April 17, 2026
1 min readLast updated: April 17, 2026
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Citigroup has appointed Henning Wagner—formerly of Deutsche Bank—as Head of Private Company Coverage for Germany and Austria, reflecting its push to expand its presence with privately held clients in those markets starting Q3 2026.
Citi Appoints Henning Wagner as Head of Private Company Coverage in Germany and Austria
Leadership Appointment and Strategic Focus
Henning Wagner Joins Citi from Deutsche Bank
FRANKFURT, April 17 (Reuters) - Citigroup has hired Henning Wagner as Head of Private Company Coverage for Germany and Austria, the bank said in a memo seen by Reuters, adding he would join Citi from Deutsche Bank in the third quarter.
Citi's Commitment to Market Expansion
The appointment "reflects Citi's ongoing commitment to deepening our coverage and growing our wallet share", Citi said in the memo. "We see significant potential in the German and Austrian markets in covering large privately held companies as well as their owners."
Reporting and Editorial Oversight
(Reporting by Christoph Steitz; editing by Matthias Williams)
Key Takeaways
- •Citi hiring Henning Wagner from Deutsche Bank underscores its strategic expansion in coverage of large privately held firms in Germany and Austria.
- •The move demonstrates Citi’s ambition to deepen market penetration and ‘grow wallet share’ among private company clients.
- •Wagner’s Q3 start aligns with broader trends of talent movement between major banks in Europe, highlighting competition for experienced corporate coverage professionals.
Frequently Asked Questions about Citi hires Deutsche Bank's Wagner to head Private Company coverage in Germany, Austria
1Who is Henning Wagner?
Henning Wagner is a banker hired by Citigroup as Head of Private Company Coverage for Germany and Austria, previously at Deutsche Bank.
2What position will Henning Wagner hold at Citi?
Henning Wagner will join Citi as Head of Private Company Coverage for Germany and Austria.
3When will Henning Wagner join Citi?
Henning Wagner will join Citigroup in the third quarter.
4Why did Citi hire Henning Wagner?
Citi aims to deepen coverage and grow market share in large privately held companies in Germany and Austria.
