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Citi Hires Ex-Goldman, Carlyle Execs

Stock quotes in this article: C , GS , MER , NYX , JPM  

Citigroup(C Quote) on late Tuesday became the latest Wall Street firm to tap the talent well at rival Goldman Sachs(GS Quote).

Vikram Pandit, the newly installed CEO of the banking giant, has hired a pair of Goldman execs and a private-equity honcho from The Carlyle Group to join the beleaguered financial conglomerate in senior roles.

Citi announced late Tuesday that it has hired Jaime Yordan, who joins Citi Markets and Banking as vice chairman of Global Banking, Latin America. Armando Diaz will join Citi's Global Equities business as head of U.S. Institutional Trading. Both are Goldman alums. The bank also tapped Carlyle Group official Edward Kelly to grow its alternative investment unit. ...

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