Top Citi Banker Ray McGuire Leaves to Pursue NYC Mayoral Run
- Date: 15-Oct-2020
- Source: Bloomberg
- Sector:Financial Services
- Country:Middle East
Top Citi Banker Ray McGuire Leaves to Pursue NYC Mayoral Run
Ray McGuire
Photographer: Patrick T. Fallon/Bloomberg
Photographer: Patrick T. Fallon/Bloomberg
Ray McGuire, one of Citigroup Inc.'s top investment bankers, is leaving the firm as he takes the first steps toward a run to become mayor of New York City.McGuire, 63, on Thursday will open an account with the city's Campaign Finance Board, said Lupe Todd-Medina, a spokeswoman for his campaign. That step will give his campaign the ability to raise funds from donors and hire more staff, Todd-Medina said.
McGuire, one of the most senior Black executives on Wall Street, has been rumored to be interested in a mayoral run for months. And he's recently been more publicly vocal about some of his beliefs, including ideas on how to reform education systems in low-income and minority communities as well as the need for better