Jul
18

Citigroup Hires From Rivals for Japan Prime Brokerage Expansion

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  • Recruits four people, including two from Deutsche Bank
  •  Japan stocks ‘remain important’ for global hedge funds: Furumi

Citigroup Inc. is expanding its Japan prime brokerage business serving global hedge funds by hiring four people from rivals including Deutsche Bank AG.

Two of the recruits will take up newly created positions, division head Toshikatsu Furumi said in an interview. They are Thomas Morrison, who will join from Deutsche Bank in September as head of financial resource management, and Fortress Investment Group LLC’s Kentaro Takao, who will lead capital introductions when he starts later this month…

Citigroup Hires From Rivals for Japan Prime Brokerage Expansion

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Categories : Hedge Funds

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