Citigroup focuses on warrants business
Citigroup investment bank is to expand its warrants business in Asia.
Michael Walker, recently transferred from Citigroup's Sydney office to fill a new role as Asia-Pacific head of warrants said the bank is looking to increase its global warrants franchise, reports Wealthbriefing.com.
The firm is now putting in place regional teams and aims to become a regular issuer in Hong Kong.
After Hong Kong, Citigroup will target the Singapore, Taiwan and Korean markets.
