Ex-Citadel Derivatives Chief To Citi

Apr 13 2011 | 11:44am ET

Brad Kurtzman, one of the veritable army of top executives to have left Citadel Investment Group over the past year-and-a-half, has landed at Citigroup.

Kurtzman was named head of U.S. equity derivates trading at the investment bank. He started earlier this month, Bloomberg News reports.

Kurtzman was head of equity derivatives at Citadel Securities, the hedge fund giant's investment-banking unit, before his departure in January. His exit, along with two others that month, brought to at least nine the number of top executives to have left Citadel since late 2009, with the Securities division being particularly hard-hit.

His exit came just months after Kurtzman was named derivatives head and co-head of institutional sales following the exit of Brennan Warble in October. His co-head, Chris Boas, also quit in January.

Kurtzman worked at Citadel's hedge fund unit from 2006 though 2009, when he joined the investment bank. He formerly worked at Merrill Lynch.


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of