Citadel I-Banking Co-Chief Quits

May 11 2011 | 12:10pm ET

The co-head of investment banking at Citadel Investment Group has left the firm, the latest in an impressive string of high-level departures from the unit.

Craig Stine resigned this week, less than two years after joining the Chicago-based hedge fund giant from Citigroup, reports Bloomberg News. His exit follows that in December of credit markets chief Chris Boas, equity derivatives head Brad Kurtzman and leveraged finance head Carl Mayer.

Tim Devine, a banker who worked with Stine at both Citadel and Citi, has also left.

Stine's is the 10th high-level departure from Citadel Securities in less than two years.

Stine took over, along with Brian Maier, the investment banking division after another top executive, Todd Kaplan, quit in January 2010.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR