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Citigroup Head of Currencies Prasad to Step Down in March

Citigroup Inc., the third-largest U.S. bank, said foreign-exchange head Anil Prasad will leave the bank to “pursue other interests.”

Prasad will remain until the end of March and a successor will be announced in coming weeks, Citigroup’s global head of markets and securities services, Francisco Ybarra, said in a memo to markets and securities employees. Citigroup officials in London confirmed the contents of the memo.