Citi restructures retail business

Citigroup would not comment today on the strategic reshuffle of its structured retail products business and the departure of various London-based senior executives from its equity derivatives team, including Richard Burns, the global head of retail structured products and hybrid products at Citi, and Emma Davidson, head of UK retail structured product sales for Citi. According to sources close to the bank, Richard Burns will no longer act as global head of cross asset solutions, and his role at