Citigroup reshuffles fixed-income group

Citigroup has reshuffled senior management in its fixed-income group, moving many outside the US in a recognition that future growth will depend on foreign markets.

Six product heads within the group will now be based outside New York. Mark Watson, previously head of fixed income for Europe, the Middle East and Africa, will now co-head the credit markets team in London. Also in London are Anil Prasad, head of FX and local markets, previously head of emerging markets FX; Antonio Cacorino, co-head

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