Citigroup Foreign Exchange Head Jeff Feig Stepping Down

Jeff Feig, head of Citigroup’s foreign exchange business for the last decade, will leave the bank after 25 years. His departure follows on the heels of Anil Prasad, another senior currency banker based in London, early this year. The departures come as the industry is facing heightened scrutiny and investigations into potential manipulation of the $5-trillion-a-day currency markets.