Citigroup Plc. is going to focus more on the proprietary trading business, said the company to a private news agency Bloomberg.

The decision has been taken after eight employees of the bank left the organization. This happened after the US government proposed to ban all the banks that trade in stocks with their own money.

Talking on the topic, Kevin Russell, Head of Americas Stock Trading said that the bank is growing its focus on the division so as to increase the its trading limits and also the capital involved with it. He was talking to the employees of the group.

He said that the group is trying its best to save the unit. The annual revenue of this division is $100 million and faces closure if the government rule is applied as per the Volcker rule.

As per the report given by Bloomberg, Citi is planning to replace all or at least six of the portfolio managers. It is also thinking of substituting traders who left just after trader Matt Carpenter left his job in February.

No comment has been made by the bank on the report till now.