SG Corporate & Investment Bank has hired a sales team from Citigroup to start marketing equity flow derivatives to German clients from its Frankfurt office. Mike Gypkens, Heiko Schoembs and Bjoern Seifert, who resigned from Citi late last month (DW, 2/28), will report to Yannick Mallégol, head of flow sales in Paris. Mallégol, Gypkens, Schoembs and Seifert declined comment.