Perkins promoted to lead FXPB as Citi shakes up prime
Christopher Perkins also runs the US bank’s OTC clearing business
Citi’s foreign exchange prime brokerage (FXPB) offering, which is currently part of its FX and local markets operations, will now restructure to join prime finance and securities services.
The move integrates all of Citi’s prime financing businesses under one single umbrella, and aims to enable “synergies” across all of its market products, according to an internal memo seen by FX Week.
As part of this realignment, Christopher Perkins has been promoted to lead FXPB, alongside his current
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