Kaufman to lead Citadel’s U.S. bond business

Derek Kaufman was named senior managing director and head of U.S. fixed-income business at Citadel Investment Group, confirmed spokeswoman Katie Spring. It is a new position; he will start in July. Mr. Kaufman was global head of fixed income in JPMorgan Chase’s proprietary positioning group. JPMorgan Chase spokeswoman Pam Snook did not return a call by press time seeking information on Mr. Kaufman’s replacement.