ITG rehires Andrew Larkin from Bloomberg to head up client coverage for POSIT Alert block trading.
The long-awaited transaction is set to be completed later this year.
The bank’s targeted savings has been increased as cost-cutting plans accelerate.
Stanfield has led Commerzbank’s OTC client clearing and listed derivatives execution & clearing businesses.
Shareholder at Citigroup proposed two businesses, one in consumer lending, and the other in investment banking.