James Tabacchi co-founded South Street Securities and its predecessor firms.
South Street Securities is a New York based broker-dealer specializing in securities finance and repurchase agreements for high quality securities.
Mr. Tabacchi joined Citicorp/Citibank in 1980. Over a period of 20 years, he worked in various customer interface and business head positions within the Investment, Corporate, and Consumer Banking Divisions.
In 1987, Mr. Tabacchi became the regional business manager for the Northeast Division of Citicorp Mortgage, Inc.
In 1989 he was a Division Financial controller in Citicorp’s North American Investment Bank.
During 1990, Mr. Tabacchi was asked to manage the day-to-day operations of Citibank’s Municipal Trust business. He revamped the product lines and packaged the business for sale, which was completed in 1992.
He then joined the Finance Desk and was named Treasurer of Citicorp Securities, Inc. in 1995.
As Treasurer, Mr. Tabacchi initiated an off balance sheet engineering effort to securitize Citicorp’s fixed income business. In 1998, he was given additional responsibilities as co-head of the Primary Dealer desk and was accountable for over $50 billion in Securities Assets, Mortgage Loans, Reserves, and Placements.
In addition, Mr. Tabacchi was responsible for expanding the Structured Finance Group, which had become the cornerstone of Citibank’s fixed income business plans prior to the Citicorp-Travelers merger.
Mr. Tabacchi’s FINRA certifications include Series 7, 63, 27 and 24.