NEW YORK — In a surprise reshuffling of top management, Citigroup Inc. lured one of the nation's most respected bankers to run its depository business and moved its chief financial officer into a job heading strategy and Citi's own dealmaking.

Eugene McQuade, the new chief executive of Citibank, has a lot of experience in banking — and with managing institutions in financial trouble. He was chief operating officer of Freddie Mac, head of banking at Merrill Lynch & Co. and president of Bank of America Corp. He was a highly regarded chief financial officer at FleetBoston Financial, when that bank sold itself to Bank of America in 2004.

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