The talent will be based in Hong Kong and serving the region more broadly, Sieg said, declining to provide numbers.
Citigroup plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief.
“What you’re going to see is us looking to add talent on a selective basis,” Andy Sieg said in a Bloomberg Television interview in Hong Kong on Monday. “When we see the average banker in this region bringing in the kind of new client volume that they are, that gives us confidence we can add additional individuals in the market.”
