Deutsche Bank's Murphy Joins Citi In Asia Prime Brokerage Push

Sep 2 2011 | 9:39am ET

Two years after he was named co-head of prime brokerage in Asia ex-Japan at Deutsche Bank, David Murphy is on the move.

Murphy is to join Citigroup, where he will lead prime finance in the Asia-Pacific region. He'll take over from Hannah Goodwin in December; Goodwin will remain at the firm, answering to Murphy as head of prime brokerage in the region, handling its client-facing business, Citi said in an internal memo seen by Reuters.

The hire of Murphy comes as Citigroup seeks to boost its headcount in Asia by about 80 people this year.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…