Citi brings on board Brett Paton

UBS veteran Brett Paton has become vice-chairman for institutional clients for Australia and New Zealand at Citi.

UBS veteran Brett Paton has joined Citi as a vice-chairman in the institutional clients group for Australia and New Zealand, the US bank said in a statement yesterday. Paton spent 20 years at UBS in Australia, most recently as chairman for capital markets and vice-chairman for global investment banking, before he retired in 2008. Other positions he held at UBS include head of equity capital markets and institutional sales for Australia.

Paton brings to Citi a wealth of business relationships and market experience, which will add significantly to our business, said Stephen Roberts, country officer for Citi Australia and chief executive officer of the institutional clients group, in a written statement. Brett's responsibilities will...

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