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John Williams, president of the Federal Reserve Bank of San Francisco, will replace William Dudley as the next president of the Federal Reserve Bank of New York.
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ECM director Nishit Ruparelia is understood to have left Citi before the Easter break, having been at the bank for over 13 years.
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An emerging markets DCM banker is at risk of redundancy at Citi, after over a decade at the bank. It is rare for a banker to be cut from Citi's CEEMEA DCM team, which is known for its stability, even through crisis years in the emerging markets.
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Guggenheim Securities has hired a former Bank of America Merrill Lynch executive as a senior managing director for the firm’s leveraged finance group.
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NN Investment Partners has launched its NN (L) Emerging Markets debt short duration hard currency fund.
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Barclays has made a series of hires in its emerging markets credit business.