A Citigroup Inc. trader works on the floor of the New York Stock Exchange
Michael Nagle | Bloomberg | Getty Images
Citigroup’s new global head of equities trading has cut at least three of his most senior U.S. trading personnel as the firm prepares for broader changes at the flagging business, CNBC has learned.
The bank yesterday informed Jim Everett, the bank’s head of North American high-touch trading, Jason Cuttler, who made derivatives recommendations for hedge funds and pensions, and Bill Power, a regional sales head out of Boston, that their positions were being eliminated, according to