Citigroup hires Deutsche Bank China veteran
HONG KONG, March 26 (Reuters) – Citigroup Inc. (C.N: Quote, Profile, Research), the world’s top bank by market value, on Monday named Eugene Qian as a managing director in its China investment banking team, hiring him from rival Deutsche Bank (DBKGn.DE: Quote, Profile, Research).
Qian, who will report to Jing Zhao, Citigroup’s head of China investment banking, had been at Deutsche for four years, where he ran the bank’s Asian natural resources investment banking team.
Several senior bankers have switched jobs in Asia recently, as dealmakers traditionally switch firms after getting their bonuses early in the year.