Karl Purdy has joined Citi as an equity trader having most recently worked at JP Morgan as an equity trader.
Purdy previously worked at European equities business Cazenove until the firm was acquired by JP Morgan in 2010.
Purdy will be based out of Paris in his new position, where he is set to support the firm in a high-touch trading role.
Citi and JP Morgan declined to comment on the appointment.
Purdy’s appointment is the latest JP Morgan hire for Citi in recent months. In August 2025, the firm named Tom Prickett as head of G10 rates for Europe, the Middle East and Africa (EMEA), a newly created role.
Similarly, Citi appointed former JP Morgan global equities executive director Andrew Bruce as director and head of low-touch execution for its Australian markets business, as part of the firm’s effort to bolster its offering in the region in May 2025.
Purdy confirmed his new role in a social media announcement.