TITLE

Citigroup Shutters Retail Desk, Cuts Staff In Atlanta and Seattle

AUTHOR(S)
DeSue, Tedra; Saskal, Rich
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/14/2005, Vol. 351 Issue 32050, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Citigroup Global Markets Inc. has closed its retail municipal bond trading desks in Atlanta and Seattle, saying it can best serve customers in the Southeast and Northwest from offices in Tampa and Los Angeles. The move displaces 14 staffers, including traders, sales and marketing staff, and back-office workers who were let go, Citigroup spokesman Joe Christinat said. For Atlanta, the closing ends the presence of what some market players say was a premier bond department in Georgia.
ACCESSION #
15683729

 

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