Various cuts have been made to the equities team at Citi as part of organisational changes.
Citi promotes internally to appoint co-heads of futures, OTC clearing, and FX prime brokerage (FCX).
Allegra Kawalerski will lead the eTrading desk in New York alongside a newly reorganised leadership team according to an internal memo seen by The TRADE.
Baton Systems will deploy its platform across treasury processes at Citi to automate rules for the movement of collateral.
Citi has made an investment in Genesis via its Markets FinTech Investments and SPRINT groups.
A known design flaw in an audio preservation system at Citi saw 2.77 million audio files, some of which had been subpoenaed by the US CFTC, erased.
Having been a founding member of the ICE ETF Hub advisory committee, Citi has now signed up as an authorised participant for the exchange group’s ETF ecosystem.
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
Alexei Bolshakov joins BCS Global Markets as global head of equities after nine years with investment bank Citi.
Citi, Goldman Sachs, HSBC, and JP Morgan are among the brokers supporting clearing of Israeli Shekel swaps at LCH SwapClear.