Bloomberg News reports that Mann will report to Brian Archer, head of global credit trading at Citigroup, according to one of the people, who didn’t want to be identified because the move isn’t public.
Citigroup is hiring for the credit-index trading unit after former global head Gabriel Roberts left in February for hedge fund Saba Capital Management LP.
In the meantime, Bloomberg also reports that Stefan Wieler, a Goldman Sachs commodity analyst in New York, has left the company after four years, a person familiar with the situation said.
Friday was Wieler’s last day at Goldman, said the person, who isn’t authorized to speak for the company and asked not to be identified.
And Bloomberg reports that HSBC has hired Ricardo Lanfranchi from Barclays to head local Latin America equity sales.
Lanfranchi, who was at Barclays since 2009, will oversee from Sao Paulo HSBC’s team covering domestic Latin American accounts, according to an e-mailed statement Friday. He will report to Thomas O’Leary, head of equities for the Americas, and Otavio Mendes, head of global markets for Brazil, according to the email.
Jeremy Isaacs, former head of Lehman Brothers Europe, is in discussions to buy U.K.-based logistics provider Henry Bath, The Times said on Sunday.
Finally, Reuters also reports that a trio of French ex-bankers led by former Royal Bank of Scotland managing director Geoffroy Wallier are planning a $40m Asia fund, seeking to cash in on a red-hot Asian credit market that offers the potential for much greater returns than Western counterparts.
The launch, part of a global trend of bankers starting their own hedge funds as U.S. regulators increasingly restrict banks from trading with their own money, comes amid a notoriously tough capital raising environment for Asian hedge funds due to poor returns and the small size of many of the start-ups.