Citigroup Inc., the third-biggest U.S. bank by assets, shook up the equities-trading division after last year’s revenue slump by promoting Daniel Keegan and Simon Yates to new global roles.
Simon Yates, ranked seventh in career earnings on golf’s Asian Tour , and three other players have sued to challenge the regional golf body’s rules preventing players from participating in rival tournaments.
Citigroup Inc . hired Simon Yates as head of equity derivatives for the Americas, according to a company memo.
Michael Pringle will leave as global head of equities trading at Citigroup Inc. to join Moore Capital Management LP, the $15 billion hedge-fund firm run by Louis Moore Bacon.
"The Asian Tour's been around for some time now and it has not really been going anywhere."
- Simon Yates on Aug 04, 2010