EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Citigroup has appointed Ryan Ellis as its new head of markets sales for Australia and New Zealand, strengthening its leadership team across financial institutions and corporate clients in the region. The appointment was outlined in an internal memo seen by Reuters on Thursday and takes effect immediately.
In his expanded role, Ellis will oversee market sales activities across Australia and New Zealand, covering both financial institutions and corporate customers. Alongside his new responsibilities, he will continue to lead rates sales for the two markets, a role he has held since 2023. Ellis joined Citi in 2020 and has played a key role in driving the bank’s rates sales strategy and client engagement across the region.
Ellis brings more than 20 years of experience in global markets, with a strong background in sales, trading, and client coverage. Before joining Citi, he held senior roles at Bank of America and Deutsche Bank, where he gained extensive experience across fixed income and markets-related businesses. His deep understanding of regional and global market dynamics is expected to support Citi’s growth ambitions in Australia and New Zealand.
Based in Sydney, Ellis will report to Cecile Gambardella, Citi’s chief of markets sales for Japan, Asia North & Australia, and Asia South, as well as Cristina Chang, the head of markets for Australia. In addition, he will maintain a reporting line to Davy Tsang, the head of rates investor sales for Asia North & Australia and Asia South. This multi-line reporting structure reflects Citi’s integrated approach to markets sales and its focus on strengthening collaboration across regions and product lines.
The appointment comes as Citi continues to sharpen its focus on core markets and client-driven businesses in Asia-Pacific. By expanding Ellis’s remit, the bank aims to enhance its markets sales capabilities, deepen relationships with institutional and corporate clients, and maintain a competitive position in the Australia and New Zealand financial markets.
