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Citi's big euro rates trader left. What if he goes to Barclays?

Zoeb Sachee left Citi. Late last Friday, while everyone else was dressed as a ghoul, Sachee wrote on LinkedIn that it is "time for his next chapter."

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Everyone is wondering which chapter that will be. 

Sachee, who was based in Paris, spent 36 years at Citi, having joined in 1990. Since 2009, he's been head of rates trading in various forms. His departure is a big deal. 

We have not spoken to Sachee, who said he left with "enormous gratitude and great pride" and that his "enthusiasm for markets, building businesses and leading teams is as strong as ever."

The implication is that he is not retiring and that he either wants or already has a new job. 

Some are wondering whether his new job might be at Barclays. Hamza Houmaddy, the head of European rates trading at Barclays unexpectedly resigned a few weeks ago. Julien Ercole, a robust Italian risk taker has since joined Barclays, but maybe there's space for Sachee too?

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AUTHORSarah Butcher Global Editor

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