Sell-Side
CFTC data of clearing banks showed Citi held almost $18 billion in client margin for swaps clearing as of 30 June.
Sell-Side
Sabrina Wilson has more than 20 years’ experience in futures and options, clearing and electronic trading.
Regulation
FINRA, Nasdaq, Bats and NYSE pursued action against firms for violating market access rules in the US.
Sell-Side
Citigroup’s restructure saw the headcount reduced by 40,000 over the past four years.
Europe
Move could see hundreds of jobs leave London.
Sell-Side
Both Citi and JP Morgan cite low volatility as cause of falling markets revenue.
Sell-Side
Citi has promoted Amit Raja to the role, following the departure of Fred Jallot to Nomura in April.
Equities
Robert Smolen joins Citi from JP Morgan where he headed up the index correlation and hybrid trading books.
Sell-Side
Several hires have been made within the equities electronic execution sales team in a bid to boost Citi’s equities franchise.
Sell-Side
Move will help firm push out its MiFID II execution offering.