Citigroup Equity Derivatives Head Leaving to Join Hedge-Fund Firm

WSJ – Simon Yates, head of equity derivatives at Citigroup Inc., is leaving the bank to become an executive at Two Sigma Investments LLC, a roughly $20 billion hedge-fund firm based in New York.

According to a statement from the investment firm, Mr. Yates will join as CEO of Two Sigma Securities, the firm’s market-making arm.

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