Citadel Snags Three More Merrill Lynch Vets

May 5 2009 | 3:59pm ET

Citadel Investment Group is continuing to fortify its ranks with the addition of three more Wall Street vets. The Chicago-based hedge fund is beefing up its equities desk with the addition of two Bank of America traders and one BofA salesman, according to Reuters.

The three new hires—who all fell under the BofA umbrella when the firm acquired Merrill Lynch late last year—are James Boyle, global head of equity-linked trading, Brad Kurtzman, head of equity index trading, and Brennan Warble, head of equity sales for the Americas.

Just last week, Citadel announced it was getting into the investment banking business with the addition of three senior bankers to help launch its new division. Todd Kaplan, who joined Citadel in March, has assumed the role of head of investment banking for Citadel Securities, reporting to Rohit DSouza, CEO of Citadel Securities. Kaplan previously held senior management positions at Merrill Lynch, including head of global leveraged finance, capital markets & financing, global principal investments and corporate finance.

Fellow Merrill alumni Brian Maier and Carl Mayer have also joined Citadel as head of industry groups and head of leveraged finance, respectively. Both will report to Kaplan.

D’Souza said in a statement that the new unit is part of an effort to form a “leading, fully integrated, client-facing franchise across investment banking and institutional sales and trading.”

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