Citi is beefing up its team in one of the most important M&A markets

Citigroup appears to be beefingup its healthcare banking team.The firmhas promotedJennifer Fox and Toby King as coheads of North America healthcare banking, according to an internal memo seen by Business Insider.Citi has also hired Brad Wolff from Bank of America Merrill Lynch as head of West Coast life sciences banking in San Francisco.Wolff will start in late October, according to the memo, which was fromChristopher Hite, the global head of healthcare banking.Anthony Hartley will become head of healthcare banking in Europe, the Middle East, and Africa, the memo said."Healthcare has been an important industry group for ICG and these appointments to leadership will help us attain even greater success for the future," Hite wrote.SEE ALSO:Credit Suisse's CEO dodged an important question about his investment bankersJoin the conversation about this storyNOW WATCH: MALCOLM GLADWELL: 'Anyone who gives a single dollar to Princeton has completely lost their mind
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