Citigroup Stock News: Citigroup to open China desk in Singapore

Time: 8/26/2010 11:14:00 AM
Aug 26 (Reuters) - Citi (C.N) said on Thursday it will open a China desk based in Singapore, in a move aimed at encouraging more Chinese firms with global expansion plans to set up business in the city-state.

The desk will include ten relationship managers and product specialists, as well as bankers from Citi's global subsidiaries group and global transaction services, the bank said in a statement.(via http://www.reuters.com/article/idUSSGE67P0F520100826)

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Citigroup said it appointed Patrick Perret-Green as head of FX and Local Markets Strategy for Asia, excluding Japan, based in Singapore. Perret-Green transferred from Citi Europe Markets division in London.