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citi's top dealmaker departs amid management changes and market volatility
Citi's global asset managers team head, Anthony Diamandakis, has left the bank amid management changes and the arrival of co-head Ashu Khullar. Meanwhile, Citadel Securities is expanding its senior rates sales team by hiring managing directors from Goldman Sachs and JPMorgan as market volatility increases. Other banks, including UBS and Barclays, are also making strategic moves, with UBS threatening to relocate its headquarters over capital requirements.