goldman-poaches-senior-citi-sales-staff

Goldman poaches senior Citi sales staff

Citi loses Shantanu Shete and Vishweshwar Anantharam to Goldman Sachs despite expectations of imminent salary increases.

Two senior Citibankers have jumped ship to Goldman Sachs, choosing assured payouts at the Wall Street investment bank over forthcoming salary hikes at Citi.

Shantanu Shete, who was head of hedge fund sales at Citi covering credit, will join Goldman Sachs as a managing director. And Vishweshwar Vishy Anantharam, director and head of Citi's Asia global macro sales, who covered rates and foreign exchange, is moving to Goldman as a vice-president. Their precise job descriptions and joining dates have not been finalised, said sources.

Both will report to Vinit Sahni, head of fixed income, currencies and commodities distribution for Goldman Sachs. The US investment bank hired Sahni in 2007 from Deutsche Bank in London,...

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