6 days ago
Citi Reshuffles Rates Business With a Heightened Focus on Japan
Citigroup Inc. is reorganizing its regional rates businesses in a move that includes a sharper focus on the non-linear market in Japan.
Thomas Reich, who had co-run non-linear rates trading, will now focus solely on Japan, according to an internal memo by Deirdre Dunn, the firm's head of rates trading. Reich's former co-head Richard Yang becomes sole head of non-linear rates trading for North America and Europe, the Middle East and Africa.