Citi Prime Brokerage Gets New Chief

Mar 28 2008 | 11:06am ET

Citigroup has replaced the heads of its prime brokerage group in the latest management shakeup at the troubled Wall Street giant.

The firm said that Ali Hackett and Tom Tesauro would be replaced as co-heads of global equity finance and prime brokerage by Nick Roe, who has headed the bank’s European prime brokerage effort since 2005. Hackett and Tesauro are leaving the firm to pursue other opportunities, according to an internal memo.

Roe, who will remain based in London, joined Citi from Deutsche Bank, where he headed the global prime brokerage business.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note