Citigroup has made four new hires as it expands its Japan prime brokerage business serving global hedge funds.
The four new recruits include Thomas Morrison, Kentaro Takao, Maki Mizukoshi, and Takaomi Kitayama.
Morrison and Kentaro will take up newly created positions. In his new role, Morrison will manage the firm's way of using its balance sheet to offer securities to hedge funds.
Morrison, who will join in September, currently serves as head of financial resource management at Deutsche Bank.
Meanwhile, Takao who joins from Fortress Investment Group LLC will lead capital introductions.
In his new role, Takao will help hedge funds raise money from institutional investors, such as pension funds.
Additionally, Mizukoshi from Mizuho Financial Group will join Citigroup as a trader for stock borrowing and lending.
Kitayama from Deutsche Bank will join Citigroup as a senior features sales trader.
