Citi makes a number of cuts to its cash equity trading team in London
Two of the people leaving the bank were part of the event driven trading unit, specialising in mergers and acquisitions and corporate events.
Two of the people leaving the bank were part of the event driven trading unit, specialising in mergers and acquisitions and corporate events.
Named Citi Token Services, the capability will provide on a 24/7 basis: cross-border payments, liquidity, and automated trade finance solutions.
The past week saw a departure from Citi, alongside appointments from KNG Securities and BancTrust.
Departing executive has worked on Citi’s trading floors in Mexico, Singapore, New York and London; took the reins of the institutional clients group in 2019.
The past week saw appointments from Citi, CIBC and Finbourne Technology.
The bank’s total services revenue is up 15% from last year, amid growth in net interest income and non-interest revenue.
He takes over from interim global head of foreign exchange, Leo Arduini.
With the close of this round the total funding for FIA Tech is at almost $70 million.
The past week saw appointments from Citi, LedgerEdge, State Street Global Markets and Aviva Investors.
New appointee will maintain current role as chief operating officer of global markets; will work along Stanley until his final day with the bank.