Citi merges FX and rates

Effective from January 1, Richard Moore, who also remains as global head of FX, and Geoffrey Coley, formerly co-head of Global Credit Markets, manage the new group, which sits within Global Fixed Income. Jim Forese, formerly global head of the Interest Rates and Derivatives group, which no longer exists as a standalone unit, becomes global head of Emerging Markets Local Finance.

Bringing together FX, interest rate, sovereign, agency and supranational trading; credit, hybrid and municipal deriva