Citigroup trader, 26, drowns on Mediterranean holiday
London-based Marcin Kania found dead after he goes missing while
swimming with friends off coast of Balearic island of Formentera
By Agency11:21AM BST 12 Jun 2015
A young City trader deemed a rising star by work colleagues has died
while swimming in the Mediterranean.
Marcin Kania, 26, went missing after he and a group of friends on
holiday in Spain hired a sailing boat in the Balearic Islands and
went swimming off the coast of Formentera.
Coastguards, police and fellow holidaymakers launched a search after
his friends returned to the boat and realised Mr Kania was no longer
His body was later discovered floating in the water around 700 yards
from the Formentera beach.
Marcin Kania was found dead off the coast of the Balearic island of
Mr Kania, who had a first-class honours degree in business and
international finance, was pulled from the sea by the crew of a
Lifeguards then launched a desperate fight to revive the trader,
using a defibrillator, as paramedics were summoned to help. But
efforts to resuscitate him were in vain and the currency expert was
pronounced dead in hospital shortly afterwards.
Police investigating the drowning said a post-mortem showed he had
been drinking alcohol and no foul play was suspected.
Tributes were being paid to the talented graduate, who was a foreign
exchange options trader and was based at Canary Wharf, in east
The Polish national had studied at the Cass Business School in
London between 2006 and 2009 before gaining work as an intern with
JPMorgan Chase & Co in New York and with BNP Paribas SA in Paris.
Mr Kania, who lived in an apartment on the Isle of Dogs, worked as a
currency options trader with BNP before joining Citigroup as a vice
president in May 2013.
His boss Chirag Patel, who is global head of FX option trading at
Citigroup, said : "Marcin was a rising star in the business and I am
privileged to have managed him over the last few years.
"He had a strong work ethic, was dedicated to his job and was an
integral part of the team."
A Citigroup spokesman said: "Marcin was a great team member and was
very well liked and respected. He will be sorely missed. Our
thoughts are with his family."
Mr Kania was a cycling enthusiast who previously took part in the
London to Brighton off-road bike ride to raise money for the British