Citi makes hires in Japan, eyes prime brokerage push

Citi makes hires in Japan, eyes prime brokerage push

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Citi has made a number of senior hires in Japan as it looks to grow its prime brokerage business in the country.

Thomas Morrison will join from Deutsche Bank in September as head of financial resource management, as first reported by Bloomberg on July 18.

His role involves managing how the firm uses its balance sheet to offer financing to hedge funds.

Fortress Investment Group's Kentaro Takao will lead capital introductions when he starts at the end of July. 

The firm also recently hired Maki Mizukoshi from Mizuho Financial Group as a stock loan trader.

Takaomi Kitayama has also joined from Deutsche Bank as a senior futures sales trader.

Speaking to Global Investor on July 20, a Citi spokesperson confirmed the hires.

The bank started offering prime brokerage services in the country in 2014.

Toshikatsu Furumi is Citi’s head of prime, futures and securities services in Japan.

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