(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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