Citigroup has relocated two senior London-based staffers for expanded roles in Asia-Pacific, according to an internal announcement obtained by DW. Chris Cox, head of global rates structuring, is now also head of global rates and currencies for Asia-Pacific and is based in Singapore. Raymond Ng, head of spot foreign exchange trading, has also moved to Singapore as head of fx spot and short-term interest-rate trading. Ng reports to Gavin Wells, global head of spot in Singapore.
The U.S. house has been reinforcing its derivatives trading presence in the region this year, recently establishing a hybrid trading unit in Hong Kong (DW, 3/24).