Breeze Blowing At Citibank? Mahoney Is Latest FX Official Out

BANKS

Citibank is going through some major personnel changes and its foreign exchange operation hasn't been spared. The bank has lost almost every one of its senior foreign exchange officials this year, capped by the recent departure of Richard Mahoney, manager of Citi's North American foreign exchange operation. His departure follows those of Marc Rosasco, formerly treasurer in Tokyo, and Christopher Deuters, who headed its European foreign exchange and derivatives operations.

Mahoney, who was head of

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