Citigroup to Boost Asia Prime Brokerage Staff by 10% This Year

Citigroup Inc. plans to increase headcount within its Asia-Pacific prime brokerage unit by about 10% this year, part of a broader push to capture more business from the region’s hedge funds.

The expansion centers on Singapore and India, where the bank is hiring across front-office and technology roles to bolster its global platform, according to Sue Lee, Citigroup’s head of markets for Asia South.