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Retired Trader Gives Something Back

A Billion Dollars

Tim Reynolds, who made his fortune transforming mathematicians into traders at Jane Street Capital, has a new obsession: teaching poor students to master photorealistic painting.

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People News: Citigroup, Deutsche Bank, UBS

Mariano Gaut, a 20-year Citigroup veteran who most recently served as the bank's co-head of Latin America capital markets origination, has left the firm, two sources familiar with the situation told IFR.

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People News: Barclays, Royal Bank of Scotland

Barclays has hired Reinhard Koester as a managing director covering specialty finance companies in the United States, according to people familiar with the matter who asked not to be identified because the appointment is not yet public.