Citibank Set To Reshuffle Senior Executives Brutsche To Head FX, Derivatives Worldwide?

- By FX Markets Staff
- @FXMarkets_
- 19 Apr 1991

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Sources at Citibank in New York say senior management is in for another dramatic shakeup. Officials there say that the bank plans to give London-based Ernst Brutsche, who is currently a group executive in charge of global finance in Europe, responsibility for all of Citibank's foreign exchange and derivatives operations worldwide.

Brutsche's new duties, which are expected to be announced in the next few weeks, reflect the bank's plan to shift Philip Lassiter into a new role. Lassiter, currently

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