Citi to increase Asia headcount by 10%
SINGAPORE – Citi plans to increase its headcount in the Asia-Pacific by 10%, in line with rival banks targeting the region for expansion.
"We are very committed to the region, and we have approval to aggressively boost our headcount in FX by 10% in 2010, which is significantly higher than elsewhere in the business," said Adam Gilmour, head of foreign exchange sales at Citi in Singapore. "We are seeing quarter-on-quarter growth in FX volumes, and there is a clear uptrend compared with the second
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