Longtime Wall Street executive Raymond McGuire, 63, announced he is entering the New York City mayoral race.
With the primary eight months away, Wall Street executive Raymond McGuire announced his bid for the position of New York City mayor.
According to The New York Times, McGuire said he is leaving his position at Citigroup to run for the Democratic nomination for mayor. As one of Wall Street’s highest-ranking and longest-serving Black executives, the outlet reports the 63-year-old is a first-time candidate and unfamiliar to many New York voters.
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“New York gave me the opportunity to be enormously successful,” Mr. McGuire said in an interview with the NYT. “Now New York is in a financial crisis that has exploded into a whole bunch of crises — educational, health and criminal justice. If there is a moment in history where my skill set can help lead, this is it.”
Congratulations to Raymond J. McGuire, #Citi’s Global Head of Corporate and Investment Banking & Mark Mason, CFO of #Citi’s Institutional Clients Group who were named to @BlackEnterprise’s list of the Most…