LONDON, June 17 Citigroup global head of G10
foreign exchange trading Jeff Feig is to leave the bank, it said
on Tuesday, the latest departure of a senior figure in an
industry racked by allegations that its biggest players
There was no suggestion Mr. Feig's departure was related to
the investigation into alleged market manipulation, which has so
far seen dozens of traders at leading banks suspended or fired,
including Citigroup's own head of spot foreign exchange trading.
"Given his tenure in his role, his departure was
well-anticipated, and part of the natural cycle of the
business," a Citigroup spokesman told Reuters. "We have a
strong, talented bench that continues to support this core
Citigroup is the world's currency-trading bank, according to
a recent industry survey.
(Reporting by Patrick Graham; editing by Jamie McGeever)