People moves: Browning guns for new role at Citi

Marcus Browning, formerly head of G10 FX options at Citi, has moved into a new role at the bank. An internal memo from James Bindler, the bank’s global FX options head, and Jeff Feig, its global head of FX, explains the rationale behind the change. “With our desire to significantly increase risk taking across the FX business, we have accepted the proposal of one of our most talented and successful traders, Marcus Browning, to build a team focused on proprietary trading of FX volatility.”