Citi hires China dealmaker Simon Yuan

The US bank has hired Yuan from Credit Suisse as it bolsters its China franchise to take advantage of a boom in transactions.

Citigroup has hired Simon Yuan as a managing director and head of its group of investment bankers advising financial institutions FIG across China, according to an internal memo seen by FinanceAsia

Before joining Citi, Yuan was managing director and co-head of Asia FIG at Credit Suisse.

Yuan will be based in Hong Kong, reporting to Will McLane and Catherine Cai. The addition of Yuan is part of Citi’s build out of FIG in China at a time when deal-making is picking up.

During the first quarter of the year the value of equity capital market deals in China hit an...

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