Citigroup Hires Goldman Sachs’s Mann for Credit Trading

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Citigroup Inc., the third-biggest U.S. bank, hired John “Jay” Mann from Goldman Sachs Group Inc. as head of index trading within credit markets, according to two people briefed on the matter.

Mann will report to Brian Archer, head of global credit trading at New York-based Citigroup, according to one of the people, who didn’t want to be identified because the move isn’t public.