People News: Citigroup, Cantor Fitzgerald

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Citigroup has named Dan Keegan and Murray Roos as co-heads of global equities, according to a memo obtained by IFR on Monday.

Reuters reports that they will report to Paco Ybarra, the bank's global head of markets and securities services, and the moves are effective immediately.

Keegan and Roos replace Derek Bandeen, Citigroup's head of equities, who announced his retirement in April but remained in the position until a replacement was found.

In the meantime, Reuters also reports that Gordon Neilly, Co-CEO of Cantor Fitzgerald Europe has resigned from the investment bank, as it continues to expand in the region, according to a memo seen by Reuters.

In the memo, dated May 4, Shawn Matthews, CEO of Cantor Fitzgerald, said Neilly had resigned with effect from May 6.

"Gordon Neilly has resigned to take his career in a different direction and explore opportunities outside of investment banking," a spokesman for Cantor Fitzgerald Europe said.

MOVES-Citigroup taps Keegan, Roos to co-head global equities

Cantor Fitzgerald Europe Co-CEO Gordon Neilly resigns

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