Citi (yet again) poaches Morgan Stanley China bankers

Former Morgan Stanley bankers Sheng Wu and Yehong Ji to be reunited with Jing Zhao.
CitigroupÆs China investment banking splurge has continued to gain momentum, with the worldÆs largest financial firm announcing that Sheng Wu and Yehong Ji will join the firm. Once again, both new hires will cross over from Morgan Stanley and will represent the latest round of inter-bank poaching between the two organisations.

Both bankers will report directly to Mark Renton, acting head of China investment banking and head of Asian investment banking.

Wu arrives at Citi as a director in its China investment banking team and will be based in the Hong Kong offices. At Morgan Stanley, Wu spent nine years at Morgan Stanley and most recently held the title of vice president, China investment banking...
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