People News: Citigroup, Barclays, Deutsche Bank

Sunset in Tokyo, Japan

Citigroup has hired Ryota Himeno, Japan’s top-ranked transportation analyst, to boost coverage as it expands in the country.

Bloomberg News reports that Himeno, who used to work at Barclays, will join Citigroup Global Markets starting Wednesday, according to a statement from the company. Himeno has 11 years of experience as an analyst.

Citigroup has been adding staff for its corporate and institutional client businesses in Japan after withdrawing from retail banking in the country last year. Barclays is closing its cash equities operation in Japan, cutting 80 equity research and sales positions, as part of its global pullback from investment banking.

In the meantime, Bloomberg also reports that Bernardo Parnes, chief executive officer of Latin America operations at Deutsche Bank, is planning to leave the firm, handing off oversight of the Brazil unit to Renato Grelle.

Parnes, who joined Deutsche Bank in 2008 as CEO for Brazil, confirmed to reporters on Tuesday in Sao Paulo that he will step down August 1. Grelle, who’s been with the bank since 1999 and in Brazil for a year, will assume his new post June 1.

Citigroup to Hire Top-Ranked Japan Transport Analyst Himeno

Deutsche Bank Latin America CEO to Exit With Grelle Promoted

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts