Friday, July 30, 2010

Citigroup (NYSE:C) Nabs Former Goldman (NYSE:GS) Forex Trader

Citigroup (NYSE:C), in an internal email to employees, told them they hired former Goldman Sachs (NYSE:GS) forex trader - Jo Narita.

The email said:

"Jo Narita, one of the preeminent traders in [foreign exchange], not only in Japan but globally, has joined the bank after eight years at Goldman Sachs in Japan."

Narita will be charged with growing the forex business in Japan, and also enlarge their overall trading business in the Asian country.

He starts at Citi Tokyo next Monday as head of FX trading.

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