Citigroup, Inc (NYSE: C) Hires Matthias Rode as New German Head of Derivatives

Citigroup, Inc (NYSE: C) has hired Matthias Rode as its new head of cash equity program trading, cash sales trading and equity derivatives sales for the country of Germany, according to a report from Bloomberg Business Week, which cited anonymous sources.

Mr. Rode had previously worked for Dresdner Kleinwort, Morgan Stanley and Main First Bank AG, and will according to the report, join the company today (June 1).

Rode will be based out of Frankfurt and will work alongside Nikolaus Detzler, who joined the firm’s equity derivatives sales team in beginning of May.