Citigroup hires correlation specialist

Citigroup has hired Mickey Bhatia to head global credit correlation trading in London in a continued effort to bolster its global credit business. Bhatia joins from Deutsche Bank, where he was head of flow credit correlation trading.

Bhatia is Citigroup’s second hire from Deutsche Bank in recent months. In April, the bank brought in Michael Raynes to head global structured credit products. Raynes was previously head of Deutsche Bank’s global CDO group and co-head of the global securitised

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