Citadel Securities Expands Credit-Trading Unit, Plans Eurozone Sovereign Bonds Market Entry in 2024, Goldman Sachs Strengthens Middle East Presence

Citadel Securities is aggressively expanding its credit-trading unit by hiring talent from major Wall Street banks. The firm is also planning to enter the eurozone sovereign bonds market in 2024, capitalizing on the increasing shift to electronic trading in Europe. Additionally, Goldman Sachs has hired three private bankers from Credit Suisse to bolster its presence in the Middle East, which is becoming a popular destination for the wealthy.