Senior FX exec for buy-side sales departs Citi

Senior FX exec for buy-side sales departs Citi

Caryn Freiberger, a senior FX sales executive for buy-side clients at Citi, has left the US bank, FX Markets understands.

Freiberger, who had worked at Citi for more than 15 years, most recently led North America FX sales for real money clients, such as mutual funds, insurance companies and pension funds. She was also co-head of the bank’s markets and securities services women’s network.

A spokesperson for Citi declined to comment.

Her departure is the latest blow for Citi, which has seen its rankings with US mutual funds fall significantly over the course of the year – largely due to the effects of the standardised approach to counterparty credit risk on its FX forwards and swaps pricing
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