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Nikko Citi Plans Credit Boost

29 Feb 2004

Nikko Citigroup is looking to hire two additional credit derivative structurers for its Tokyo-based desk.

Nikko Citigroup is looking to hire two additional credit derivative structurers for its Tokyo-based desk. An official at the firm said it plans to expand its four-strong team now because tight spreads have caused its clients to move out of plain-vanilla products into more structured trades in search for wider spreads.

Yoshito Matsuura, head of credit derivatives in Tokyo, who is responsible for the effort, did not respond to messages.

29 Feb 2004