Citadel Securities Adds a Salesman and a Structure From Goldman

December 19, 2024, 5:06 PM UTC

Citadel Securities is making structural changes to its sales operations, aligning its products across equities and fixed income for clients to mimic the likes of Goldman Sachs Group Inc. and other Wall Street heavyweights.

The firm created a new Strategic Client Coverage Group, according to a memo to staff seen by Bloomberg. SCCG will be led by Goldman veteran Av Bhavsar, global head of fixed income and cross-asset distribution, and provide “cohesive” insights and product offerings.

“These organizational changes will help us unlock these opportunities and better serve our clients across the entirety of their trading journey — from ...

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