Tuesday, 26 July 2016
Last updated 1 hour ago
Feb 11 2014 | 11:36am ET
Two top Goldman Sachs traders have left the bank for Citadel Investment Group.
Uberto Palomba and Jonathan Tipermas have joined the hedge-fund giant. Both will work on Citadel's Global Fixed-Income Fund, Palomba from London and Tipermas from New York.
Palomba was co-head of emerging-markets trading for Europe, the Middle East and Africa, while Tipermas led Goldman's dollar swaps-trading desk. Both men were managing directors at the bank, Palomba since 2009 and Tipermas, who has been with Goldman for a decade, since 2012.
Citadel's fixed-income fund has $2.2 billion in assets under management. It returned 5% last year.