Citi Names New U.S., Asia-Pacific Prime Brokerage Heads

Apr 16 2013 | 12:33pm ET

Citigroup is shaking up the leadership of its prime brokerage business.

The bank has moved its head of prime finance in Asia, David Murphy, to the U.S. to lead its prime brokerage effort there. In his place it has promoted Joseph Chang in Hong Kong.

Chang was formerly business manager for equities in Asia and head of equity trading in the region. Murphy joined Citi a year-and-a-half ago from Deutsche Bank

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