Citigroup hires JPMorgan’s Prickett to run European G10 rates

Citigroup has bolstered its European rates trading businessPhoto: Dominika Zarzycka/Getty Images

Citigroup has hired a top rates trader from JPMorgan to lead its business in Europe as banks look to capitalise on a surge in revenue.

Tom Prickett has joined Citigroup as head of G10 rates for Europe, the Middle East and Africa, the bank said in a statement.