Exclusive | Citi Hires Former Paramount Executive to Head Media Banking

Citi C 0.94%increase; green up pointing trianglegroup has hired former Paramount executive and longtime media banker Alex Berkett to run its media division, according to a memo delivered internally Tuesday viewed by The Wall Street Journal.

Citi has been bulking up its banker ranks under new banking head Vis Raghavan, who joined from JPMorgan in 2024. Other Wall Street firms are making similar pushes to hire top talent to win bigger deal mandates.