MOVES-Citi hires Deutsche Bank veteran Frowein to bolster EMEA team

       By Pamela Barbaglia
    LONDON, June 27 (Reuters) - Citigroup (C)       has snapped up
one of Deutsche Bank's            most seasoned investment
bankers to bolster its leadership team in charge of banking,
capital markets and advisory (BCMA) in Europe, the Middle East
and Africa.
    Patrick Frowein, a 26-year veteran who previously worked at
UBS         , is taking on a new role in London as Citi's vice
chairman for EMEA BCMA, according to a memo seen by Reuters.
    The appointment comes as Citi is battling for investment
banking dominance in Europe where it competes with other Wall
Street banks including Goldman Sachs (GS)        and JPMorgan (JPM)
as well as with European heavyweights such as BNP Paribas
         .
    Frowein used to head the investment banking coverage and
advisory business in Europe at Deutsche Bank and was recently
appointed global chairman of the same unit. His clients network,
primarily focused on large companies in Germany, Austria and
Switzerland, includes the likes of Siemens            and
Deutsche Telekom           .
    In his new role, he will sit on various BCMA management
committees and will report to Citi's EMEA BCMA boss Ignacio
Gutiérrez-Orrantia.

 (Reporting by Pamela Barbaglia; Editing by Emelia
Sithole-Matarise)