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Citigroup Hires Olcott for Structured-Product Sales in U.S.

Citigroup Inc. hired Gage Olcott, former head of retail structured-note sales in the Americas at Barclays Plc, for a similar role at the New York-based bank, according to a person familiar with the matter.

At Barclays, Olcott reported to Philippe El-Asmar, global head of investor solutions, said the person, who declined to be identified because of company policy. Olcott left Barclays last month, according to Financial Industry Regulatory Authority records.