Citi Further Strengthens Equity Team in the Americas

New York - 26 July 2012

David Silber and Peter Lambrakis join as Managing Directors

Citi have announced the addition of two senior bankers to its Equity Derivatives team in the Americas. David Silber has joined as a Managing Director and Head of Flow Equity Derivatives Sales. Peter Lambrakis will also join the firm, as a Managing Director, Head of Equity Derivatives Trading. Both will be based in New York.

Silber, who reports to Simon Yates, Global Head of Equity Derivatives and Brennan Warble, Head of Sales, joined Citi in May from Jeffries & Co, where he held a number of senior positions, most recently as Head of Equities for the Americas. He also worked at Susquehanna International Group as an Associate Director. Silber earned a BA from Muhlenberg College.

Lambrakis will report to Yates and Kevin Russell, Head of Equities Trading for the Americas. He joins Citi from Deutsche Bank, where he was Head of Equity Correlation Trading. He started his career as a quant developer at O’Connor and Associates, before moving to Susquehanna as a derivatives trader. Lambrakis earned an MS in Computational Finance from Carnegie Mellon University and a BS in Mechanical Engineering from Lehigh University.

“David and Peter are great additions to our team,” said Yates. “I am confident that their backgrounds will complement our existing strengths as we continue to increase market share and expand our Equity Derivatives capabilities.”

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