Citigroup's financial markets group in Seoul has reportedly been hit by a pair of high-level departures, according to two officials close to the firm. Alex Park, treasurer and head of the financial markets group, has reportedly taken a new role within the firm's private banking group and J.S. Kim, head of trading, is thought to be leaving. Kim could not be reached. Park referred calls to C.S. Kim, spokesman in Seoul, who did not immediately respond to a voicemail message.
J.S. Kim is believed to be joining Lehman Brothers in Tokyo, according to an official. Ilja Maynard-Gregory, spokeswoman for Lehman in Hong Kong, declined comment.