People News: Citi, Goldman, Standard Chartered

Giacomo Ciampolini, the head of European block trades at Goldman Sachs, is leaving to join Citigroup, according to an internal Citigroup memo.

Bloomberg News reports that Ciampolini will be head of equity capital markets in Italy for Citigroup as well as responsible for European blocks along with Suneel Hargunani, according to the memo, whose contents were confirmed by a spokeswoman.

In the meantime, Bloomberg also reports that Wilmar International, the world’s biggest palm-oil processor, has hired former Goldman Sachs banker Hsin Yue Yong for a dealmaking role.

Yong, who was Goldman’s head of Southeast Asia investment banking, joined Wilmar in July as general manager for special projects, the company said in an e-mailed statement Tuesday responding to Bloomberg queries.

Finally, Bloomberg reports that Standard Chartered named Judy Hsu as chief executive officer of Singapore, the bank’s second-biggest market, replacing Neeraj Swaroop.

Hsu, the global wealth management head, starts her new job on October 1, subject to regulatory approval, Standard Chartered said in a statement Monday. Swaroop is leaving to pursue other opportunities, the bank said. He resigned after turning down the offer of a job overseeing the business in India, a person with knowledge of the matter said.

Citigroup Hires Goldman's Ciampolini for European Block Trades

Former Top Goldman Sachs Banker Yong Joins Wilmar in M&A Role

Standard Chartered Names Wealth Head Hsu as Singapore CEO

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