Citigroup Global Markets in Asia overlooked a system failure within its dark pool and failed to hand out guidelines to clients.
Bank of America Merrill Lynch has lost several senior sales and trading staff to Citi over the past year.
Citibank allegedly made millions in “unjust gains” from governmental and not-for-profit counterparties by manipulating the USD Libor benchmark.
Citi shuffles Cedric Pauwels to North America to lead prime, futures and securities service (PFSS) business.
CurveGlobal launched three-month Sterling Overnight Index Average (SONIA) futures earlier this year.
Fabio Lisanti will take over as Citi’s Switzerland markets head after Robert Schmoll’s retirement.
Glenn Poulter has formerly been head of European cash equities and Citi and CEO for equities at ICAP.
TJ Treadwell to take on responsibility for EMEA OTC clearing in addition to current APAC remit.
Citi appoints head of equities sales and sales trading for CEEMA from Bank of America Merrill Lynch.
Melvyn Merran has been appointed head of credit trading for ETFs as Citi continues its drive into the ETF space.