Citigroup has tapped Ian Maynard from Nomura International for its prime brokerage arm, the business that provides lending, clearing and settlement services to hedge funds, a source close to the situation has confirmed to IDD.

Maynard joins Citi's prime finance division as head of trading, and is the latest in a series of hires to that unit. Previously, Maynard served as executive director of equity finance trading at Nomura International in London. Maynard left Nomura back in June, according to reports.

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