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Barclays poaches Citigroup traders

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Barclays Capital recently hired the eight-person CDO correlation trading team from Citigroup Global Markets. The team, headed by managing director Doug Warren, consists of Geoff Gentile, Ted Husveth, Jon Koerner, Aleksander Rabiner, Alex Salomon and Anthony Trears. Citigroup, one of the innovators of correlation trading, developed the group roughly two years ago, sources said.

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