Reuters – Citigroup Inc will raise headcount at its Asian prime finance unit by 20 percent to 80 this year as it looks to fight for more hedge fund clients in an industry dominated by the likes of Goldman Sachs Group Inc and Morgan Stanley .
The firm was boosting its capital introduction, OTC, client service and futures teams, Hannah Goodwin, head of prime finance in Asia-Pacific for Citigroup, told Reuters, as it prepares to gain from growth in interest and the number of hedge funds setting up in the region.
