Citi forms FICC group
NEWS
The FICC group represents "a natural evolution towards providing an integrated global platform best positioned to serve our clients," Tom Maheras, chief executive of global capital markets at Citigroup said in an internal memo last week.
Citigroup had continued to run separate reporting lines for global fixed-income sales and trading and for Citibank's legacy emerging markets sales and trading businesses, since its merger in 1998.
The newly combined FICC group is now led by Randy Barker
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