Citi expands Asian desks to Africa and Latin America

The bank’s Chinese and Korean clients now have dedicated relationship teams spanning most of the world.

 

Citi is planning to open six more China and Korea desks outside the region to help service corporate clients as they expand their horizons in search of resources and markets.

The new desks will be opened during the next year, comprising four China desks in Africa, Latin America, Russia and Southeast Asia and two Korean desks in Southeast Asia and Latin America. Citi already has 13 other China and Korea desks around the world, providing clients from these countries with a dedicated service across corporate banking, investment banking, local debt raising, foreign exchange, cash management and trade finance.

The move is part of...

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