13 December 2017
visit www.aciworldwide.com

Citi restructuring claims electronic trading head Richard Evans

28 November 2008  |  10417 views  |  0 Richard Evans, Citi

Richard Evans, Citigroup's global head of electronic trading has been made redundant in the latest round of restructuring at the struggling US bank.

Evans leaves the bank after a ten-year career, which culminated last July in his promotion to head up Citi's electronic execution business globally out of London.

The thirty-four year old was seen as a rising star in the post-MiFID European equity markets. A strong proponent of the use of smart order routing and automated trading strategies in fragmenting markets, Evans played a key role in the establishment of the Turquoise MTF and also sat on its board.

Despite Evans' shock departure, Citi insists that the bank remains "strongly committed to the electronic execution business".

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Jobs bloodbath as Citi takes the axe to 52,000 staff

Jobs bloodbath as Citi takes the axe to 52,000 staff

17 November 2008  |  9753 views  |  0 comments
Nasdaq OMX teams with Citi on pan-European order routing

Nasdaq OMX teams with Citi on pan-European order routing

01 September 2008  |  7823 views  |  0 comments
Tora hires Citi auto-trading veteran Lewis

Tora hires Citi auto-trading veteran Lewis

14 July 2008  |  3372 views  |  0 comments
Citi hires Lippert to overhaul IT operations

Citi hires Lippert to overhaul IT operations

04 July 2008  |  11326 views  |  0 comments
Citi axes 670 UK jobs

Citi axes 670 UK jobs

20 May 2008  |  7509 views  |  0 comments
Citi CEO takes aim at IT budgets under major cost reduction programme

Citi CEO takes aim at IT budgets under major cost reduction programme

18 April 2008  |  10582 views  |  0 comments
Citi acquires Tradeweb stake

Citi acquires Tradeweb stake

08 April 2008  |  7138 views  |  0 comments
Citi names Richard Evans global head of electronic execution

Citi names Richard Evans global head of electronic execution

19 July 2007  |  6286 views  |  0 comments
Citi confirms acquisition of Automated Trading Desk

Citi confirms acquisition of Automated Trading Desk

02 July 2007  |  7756 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.response.ncr.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12161 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9346 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7964 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7346 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7188 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job