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Foreign Exchange

Citi FX makes 20 redundancies: New York and London

Citigroup has made at least 20 redundancies in its FX division in London and New York due to underperformance, according to people familiar.

The highest profile departure was that of Susan Gammage, a managing director and global head of e-commerce sales, based in New York, the people said. She joined the bank from Thomson Reuters in February last year.

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