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Citadel hires senior risk manager from Goldman

Goldman Sachs’ global head of derivatives clearing risk, Massimo Cutuli, has joined Citadel Securities in a senior risk management role, Risk.net has learned. The move is the latest in a raft of senior hires at the market-making firm, as it continues to expand its presence across the US and European securities markets amid a retreat by major dealers. Cutuli joined Citadel Securities on October 31. Based in Chicago, he is responsible for risk management for the firm in the US. Cutuli spent six years…

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