People News: Barclays, Citi, C Suisse

Barclays has hired Mikhail Foux from Citigroup to head municipal strategy, according to two people with knowledge of the move.

Bloomberg News reports Foux worked at Citigroup for eight years, including as a member the muni strategy group with George Friedlander and Vikram Rai.

He previously worked at Credit Suisse and Banco Santander, according to his LinkedIn profile.

In the meantime, Reuters reports that Credit Suisse's head of Swiss corporate and institutional clients, Barend Fruithof, is leaving the bank, according to an internal memo seen by Reuters, part of a raft of changes designed to draw the unit closer into its private bank's strategy.

Fruithof is leaving Credit Suisse to pursue a new opportunity outside the bank, the memo, dated March 5 and signed by private bank head Hans-Ulrich Meister, read.

Barclays Said to Hire Citigroup’s Foux as Head of Muni Strategy

Credit Suisse exec leaves as bank seeks to sharpen strategy

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