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Citigroup Dismantles FX Strategy Team, Cuts Some Analyst Jobs
All jobs within the so-called CitiFX global FX strategy team are affected, although some people may continue to work with Citigroup in other capacities.
08 Jun 2023, 07:41 PM IST 
A Citibank branch in San Francisco, California, U.S., on Friday, April 7, 2023. Citigroup Inc. is scheduled to release earnings figures on April 14.
(Bloomberg) -- Citigroup Inc. has dismantled its global team that provides commentary and analysis on foreign-exchange markets, according to people familiar with the matter.
All jobs within the so-called CitiFX global FX strategy team are affected, although some people may continue to work with Citigroup in other capacities, according to a person, who declined to be identified discussing sensitive matters.
People familiar indicated that the changes included some employees in London and New York exiting the firm.
A spokesperson for Citigroup declined to comment.
--With assistance from Sally Bakewell, Vassilis Karamanis, Carter Johnson and Ruth Carson.
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