Corporate News
Citigroup Inc has announced plans to increase headcount in its Asia rates and prime businesses by 5-10% over the next year. This move aims to meet growing demand from customers, including hedge funds.
Key details of the announcement include:
- Increased headcount in Asia rates and prime businesses
- 5-10% growth expected over the next year
- Aimed at meeting growing demand from customers, including hedge funds
In addition to the headcount increase, Citigroup has hired Pankaj Goel, a veteran from JPMorgan, to co-lead its technology investment banking coverage in San Francisco.
- Pankaj Goel joins Citigroup from JPMorgan
- Will co-lead technology investment banking coverage in San Francisco
The company’s stock price has remained relatively stable, with a slight increase in recent days. However, the overall market sentiment remains cautious, with some analysts warning of a potential fall in gold prices below $3,000.
- Citigroup’s stock price has increased slightly in recent days
- Market sentiment remains cautious, with potential fall in gold prices below $3,000