Treadwell, Visairis Join Citi Prime Brokerage In Asia

Dec 15 2010 | 10:08am ET

Citigroup is boosting its Asian prime brokerage with a pair of hires, including a new head of derivatives clearing in advance of new rules in Hong Kong.

Thomas Treadwell was named business manager for derivatives clearing in Hong Kong and Martin Visairis as head of capital introduction for Asia-Pacific, Bloomberg News reports. The two are among 15 new hires by Citi's Prime Finance business in Asia this year, and the firm plans to add another 10 in 2011.

Treadwell will first work on bring U.S. and European derivatives to Citi's Asian clients. He is also charged with building clearing relationship's with the region's exchanges; Hong Kong plans to create a central registry and clearinghouse for over-the-counter derivatives trading by 2012.

Treadwell joins Citi from Barclays, where he was head of prime services in Singapore. He started at his new job last week.

Visairas most recently worked at Old Mutual Asset Managers, after serving as head of  capital introduction in Asia at Merrill Lynch.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.