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Other top deals bankers will stay put: Robert Kindler remains the company's global head of mergers.
Why he was meeting the head of mergers was not explained.
Its head of mergers and acquisitions, Paul Parker, is also reported to have departed.
"The debt markets are wide open," said Mark Shafir, Citigroup's global head of mergers and acquisitions.
Gregg has been head of Mergers & Acquisitions for EMEA and Asia Pacific since 2011.
He was quickly named head of mergers and acquisitions, then a backwater.
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The Yankees won!' " said Donald Meltzer, co-head of mergers at Credit Suisse First Boston.
A day later, a co-head of mergers and acquisitions in the United States, Ehren Stenzler, left the firm.
Once there, he rose to become co-head of mergers and acquisitions, and then built the firm's merchant banking business.
Mark Shafir, Citigroup's global co-head of mergers and acquisitions, is on CNBC at 7 40 a.m.
"All bets are off," said Donald Meltzer, global co-head of mergers and acquisitions at Credit Suisse First Boston.
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