Jun
02

Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets

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Citigroup Inc., the third-largest U.S. bank by assets, hired Kuniyoshi Hayashi from Deutsche Bank AG to head its Japanese markets and securities division.

Hayashi will join Citigroup Global Markets Japan Inc. on Aug. 11 as a managing director and head of markets and securities services, according to a memo obtained by Bloomberg.

Citigroup is focusing on corporate clients and institutional investors in Japan after agreeing to sell its local consumer-banking and credit-card operations. The Japanese markets and securities services division offers products including equities and bonds as well as derivatives, according to its website

Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets

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