Shiv Chatterjee, managing director in proprietary trading at Citigroup, has transferred back to the firm's global markets division to run mortgage-backed securities trading. He fills a role vacated when five MBS traders, including Tom Hamilton, managing director, moved to Barclays Capital recently (www.bondweek.com, 6/1). Specifically, Chatterjee is in charge of the trading of pass-through and interest-only/principal-only securities, according to an official familiar with his move.
Chatterjee, who had run the MBS trading effort before taking a prop trading position in the bank's treasury group earlier this year (BW, 2/23), declined to comment. Duncan King, spokesman, also declined comment.