Joseph Lizzio, former co-head of agency trading and sales at Citigroup Global Markets, left the bank last week, sources confirmed. The bank declined to comment by press time.
Timothy Nabors joined Six Degrees Capital Management, a structured finance asset management company, as a managing director, and will launch and oversee the company's operations in New York City. Nabors was a vice president at New York Life Investment Management, and has a track record in analyzing, modeling, and investing in mortgage-related ABS, especially the subprime home equity sector. Before working at New York Life, Nabors worked in the capital markets groups at Bank of America in Charlotte, N.C.