Citi Reorganizes Equities Unit in Bid to Move Up Rankings

  • Bank is seeking to become top-four player in stock trading
  • Company has long sought a better position in league tables
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Citigroup Inc. reorganized its equities division as the bank seeks to move up the league-table rankings for stock trading.

Julia Raiskin will lead the equities-sales efforts in the Asia-Pacific region, Dirk Keijer will have a similar role for Europe, the Middle East and Africa, and Cedric Pauwels will be in charge of those efforts for the Americas, according to a company memo. Antonin Jullier will leave his post as global head of equity sales to explore other opportunities.