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NewsJanuary 2 2008

Citigroup names new chief executive

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After being wooed by many in the financial world, Jonathan Powell , Tony Blair’s former chief of staff, has opted to join Morgan Stanley as senior managing director, working on transactions involving the bank’s largest clients in the UK and Europe.

Former managing director of the International Monetary Fund, Rodrigo de Rato , is to join Lazard Brothers as senior managing director of investment banking

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