Citi names American Express exec to head Brazil

Posted on June 22, 2012 at 14:11 PM EDT

SAO PAULO, June 22 (Reuters) - U.S. lender Citigroup Inc. tapped Hélio Magalhães on Friday to head its operations in Brazil, where buoyant demand for consumer and corporate credit and capital markets advisory services is helping prop up profit.

Related Stocks:

American Express Co. Citigroup, Inc.

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