Citi Adds Ex-Citadel Exec. Boyle

Mar 16 2012 | 7:58am ET

Citigroup has hired another former Citadel Investment Group derivatives head.

James Boyle was named head of equity derivatives trading in Asia, the bank said in an internal memo. His addition comes one year after Citi named Brad Kurtzman, who succeeded Boyle as co-head of derivatives at Citadel, head of U.S. equity derivatives trading.

Boyle and Kurtzman joined Citadel from Bank of America in 2009.

"We continue to grow our Asian trading capabilities and the capacity to service Citi's institutional, corporate and retail client franchise," Joseph Chang, head of Asia equities trading and Boyle's new boss, wrote in the memo, which was obtained by Bloomberg News.

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