Citigroup Inc., on the heels of announcing a $2.2 billion deal to acquire the London-based investment banking operations of Schroders PLC, said it has created a three-member team devoted to sharpening corporate strategy and identifying acquisition opportunities.

Victor Menezes, Deryck Maughan, and Schroders chairman Win Bishoff each have added the title of regional business executive to their current titles.

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