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Citigroup Inc. Makes Equities Promotions


Citigroup Inc. (NYSE:C) has promoted Keegan and Yates in a management overhaul of its equities division.

Citigroup Inc. Makes Equities Promotions

Citigroup Inc. (NYSE:C) has changed the management of its equities trading division after the company’s disappointing results last year.

The company promoted Daniel Keegan as the head of global cash equities and Simon Yates as the global head of equity derivatives. The company also appointed Mike Pringle to head Delta One trading.

Derek Bandeen, head of equities at Citigroup Inc. (NYSE:C), said, “After a thorough and realistic year-end review, Citigroup Inc. (NYSE:C) equities management is optimistic about our ability to achieve our ongoing goals. The balance of global and regional management will ensure the breadth and global consistency of the service we provide to our customers”.

Citigroup Inc. (NYSE:C) shares were at 34.29 at the end of the last day’s trading. There’s been a 26.0% movement in the stock price over the past 3 months.

Citigroup Inc. Makes Equities Promotions
Citigroup Inc. (NYSE:C) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.76
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.91
Zack’s Rank: 15 out of 15 in the industry


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