Citigroup Hires Edward From Shell

This is actually quite an interesting story. What I want to know is if there is enough room for his ego in Citi. heh heh

Citigroup Hires Edward From Shell for Emissions Trade (Update1)

By Mathew Carr and Lars Paulsson
    Dec. 4 (Bloomberg) -- Citigroup Inc. hired Garth Edward
from Royal Dutch Shell Plc to trade carbon dioxide permits and
United Nations-approved emission credits as the bank expands its
energy and commodities business.
    Edward will be head of emissions markets, reporting to Paul
Mead, managing director of power, gas and emissions, spokesman
Jeffrey French said today by telephone from London. Edward
headed environmental products trading at Shell for six years,
Citi said today in an e-mailed statement.
    Citi, based in New York, earlier this year hired Alan
Bannister and Heidi Forbes to trade carbon dioxide, the
statement said. It hired Paul Dawson from Barclays Capital to
handle policy and regulatory affairs.
    Citi, the largest U.S. bank by assets, said in May it plans
to make loans and investments of $31 billion in alternative
energy sources linked to climate change, bringing its target for
``green'' projects in the next decade to $50 billion.

--Editor: Stephen Cunningham, Will Kennedy.

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