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Citi hires metals duo from UBS

Citi bucks market trend with investment in commodities as peers scale back businesses in response to increased regulation

Citigroup has hired a senior metals duo from UBS to head its global metals sales and base metals trading divisions, as the investment bank continues to buck the market trend and build out its commodities arm, Financial News has learned.

Rick McIntire will join Citi from UBS as global head of metals sales in July. He is currently a managing director in precious metals distribution at UBS.

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