Selby Jennings Hong Kong

Citigroup Establishes Investment Banking and Trading Operations in China

 

Hong Kong, China -- (SBWIRE) -- 08/30/2021 -- Investment banking developments in China & Hong Kong have expanded exponentially in recent times, as the world's second largest economy has opened up its financial markets. One of those looking to shift focus in the region is Citigroup, which has already begun to move away from retail banking in this part of the world in order to focus on investment banking. Citigroup Inc is driving ahead with plans to establish fresh investment banking and trading operations in China. When the move was first announced, a Citi insider said that the firm planned to apply for a securities licence that would enable it to write yuan-denominated shares and carry out trading for clients, as well as applying for a licence for futures brokering. While none of this has been confirmed in detail, Citi's move indicates just how much interest there is in the region today and how much investment banking developments in China & Hong Kong are likely to spike in the coming months and years.

Established in 2004, Selby Jennings is a leading specialist recruiter to the banking and financial services sector with a focus on investment banking developments in China & Hong Kong, as well as other specialist fields. Investment management hiring is one of the firm's core areas, alongside risk management, corporate banking, quantitative research and trading and financial technology. Selby Jennings partners with enterprises across the industry, from agile start-ups to large, well-established names in banking and financial services, including those focused on recruitment for the purposes of capitalising on investment banking developments in China & Hong Kong. The firm has also built up a network of more than a million mid-to-senior professionals and established key connections with pivotal organisations across the industry. Consultants are trained extensively and work with best-in-class recruitment technology and strategies to provide both companies and candidates with peace of mind when it comes to knowing that the hiring process is in safe hands.

The skill and expertise of consultants, as well as the deep sector knowledge acquired at the firm over the years, allows Selby Jennings to provide a selection of permanent, contract and multi-hire solutions that are specifically tailored to client need. A strong presence in Asia Pacific is supported by the firm's broad international reach - as part of the Phaidon International group the firm is the go-to recruitment partner of choice to hundreds of industry-leading enterprises. The past year has created plenty of challenges for recruitment - as well as a wealth of opportunities arising from investment banking developments in China & Hong Kong, and other areas such as financial technology and quants. Selby Jennings has been able to provide adaptable and flexible support, accommodating the need for more remote and virtual hiring, to ensure that the demand for business-critical talent can be met. There are currently a range of roles available via Selby Jennings, including Senior Java Developer [Trading Technology], Trust Manager and Compliance Specialist [Product Compliance].

"Like many sectors, 2020 marked a defining moment for recruitment. Challenged by uncertainty, but unwavering in our commitment to our clients, we enter 2021 with a sense of duty to clients and candidates", commented Andrew McNeilis, Managing Director at Selby Jennings. He went on to say, "as we reflect on the challenges of virtually securing and retaining talent, we're inspired by a team who have demonstrated a remarkable ability to adapt and continue to help all our clients secure top talent on a global scale."

To find out more information about Investment Banking developments in China & Hong Kong visit https://www.selbyjennings.hk

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For more information about Selby Jennings HK services, please go to https://www.selbyjennings.hk.

About Selby Jennings
Selby Jennings creates a range of recruitment solutions that are designed to support the growth of organisations across the financial services sector. Transforming the way that hiring is handled is a tool that any business can use to build in resilience and potential even in challenging times.