Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Citigroup Names Wikstrom for Rates Trading as Brophy Resigns

Citigroup Inc., the third-biggest U.S. bank, said Nicholas Brophy, U.S. head of interest-rates trading, left the firm.

Roland Wikstrom will replace Brophy as U.S. head of G-10 rates trading after serving as that unit’s head of risk treasury, said Danielle Romero-Apsilos, a spokeswoman for the New York-based company. Brophy left the firm for personal reasons, he said in a phone interview.

Brophy’s departure ends a four-year tenure with Citigroup, during which he was one of the lender’s most senior rates-trading executives. The rates business, run from London by Andy Morton, buys and sells products including Treasuries, inflation-protected bonds and interest-rate swaps.

“I’m going to live life, enjoy it and spend time with my kids,” Brophy said. “I’m very sad to leave the bank, but it was my decision. I leave behind a great franchise and a great successor.”

Brophy also wants to do more work with the Worldwide Orphans Foundation, where he has been a director since 2011, he said. The charity works to “transform the lives of orphaned children to help them become healthy, independent, productive members of their communities,” according to its website.

He joined Citigroup in 2009, shortly after the lender’s $45 billion government bailout. He previously worked for Merrill Lynch & Co., including roles as head of options-trading, derivatives-trading and co-head of rates trading, according to a biography on the Worldwide Orphans’ website.

Brophy also worked briefly at the Federal Reserve Bank of New York, where his duties included working on the fallout from the rescue of American International Group Inc., he said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.