NEW YORK -- The founders and former managers of two highly successful Citibank International PLC finance companies in London have founded a new firm intending to pick up -- and move forward -- from where they left off.

Stephen Patridge-Hicks and Nicholas Sossidis, founders of the asset-backed programs known as Alpha and Beta Finance Corp., were forced to resign from Citibank in mid-September over a "policy disagreement."

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