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Citigroup names European head of exchange-traded funds trading

Citigroup Inc. named Melvyn Merran head of credit trading for exchange-traded funds in Europe, Thomson Reuters' IFR reported March 15, citing the bank.

Based in London, Merran will report to Jay Mann, head of the fixed-income and currencies beta platform, according to the report.

He joins from UBS Group AG, where he traded credit derivatives.