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Citi Reels In CS Structurer

Citigroup has recruited Ashish Sekhri, v.p. and credit structurer at Credit Suisse in Singapore, as a structured credit trader in Hong Kong. "We still see a lot of opportunities in the structured credit space," said Debashish Dutta Gupta, in global credit derivatives trading in Hong Kong. The desk is looking for at least one additional hire this year on the back of growing client interest for more exotic products, he added.

The U.S. firm has been building up its derivatives presence in the region this year and recently established a hybrid trading desk in Hong Kong (DW, 3/24). Sekhri, who starts mid-month and will report to Gupta, could not be reached.

At CS Sekhri reported to Bikram Chaudhury, director in fixed income in Hong Kong, according to Godwin Chellam, spokesman. The firm is in the process of finding a replacement.  

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