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Citigroup Names Cohen for Credit-Trading Post Vacated by Gately

Citigroup Inc., the second-largest bond trader by revenue, named David Cohen to run credit trading in Europe, the Middle East and Africa.

Cohen will move to London and begin on Feb. 1, according to a memo from Brian Archer, head of global credit trading, and Leonardo Arduini, who leads markets and investor services for the region. Cohen will oversee the New York-based bank’s European investment-grade, high-yield and index-trading businesses, according to a Nov. 24 memo obtained by Bloomberg.