Citigroup axe falls in shake-up

THE AXE fell again today at Citigroup, on the job of another senior investment banker, head of equity sales in London, James Rowsell. Rowsell's ousting is the latest shift in a worldwide shake-up of equities at Citigroup. Four people, Glenn Poulter, John Mason, Robin McKelvey and John McIntyre, will carve up the role of Rowsell, who is said to be looking for another opportunity at Citigroup.