Saturday, 20 December 2014
Last updated 1 day ago
Mar 29 2010 | 11:56am ET
Citigroup is continuing its aggressive build-up of its prime brokerage team with 13 new hires, including teams from Barclays Capital and Morgan Stanley.
The new additions to Citi’s global prime finance group are based in New York and London, and are led by John Nicholson, named a managing director of U.S. trading, and Eric Hughson, who joins the European trading team. Nicholson comes to Citi from Barclays via Lehman Brothers, while Hughson formerly worked at Commerzbank.
“In a very short time, we have built a world-class prime finance business at Citigroup, and these hires are evidence that the momentum remains strong,” Nick Roe, global head of prime finance at Citi, said. The moves come just a week after Citi announced plans to double the size of its institutional hedge fund advisory team—part of the prime brokerage group—over the next two years.
Nicholson is joined by six other Lehman veterans. Five of the new hires, all directors, come from Morgan Stanley. The 13 are specialists in trading and risk.
Citi’s new hires were first reported by the Financial Times.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.