BlackRock is hiring former U.S. Federal Reserve Vice Chair Stanley Fischer as a senior adviser, the world’s largest fund manager said in a memo on Wednesday.
Reuters reports that over his career Fischer helped to shape modern economic theory as an academic, trained many future policymakers and put his ideas into practice in a series of jobs culminating in roles at the center of the response to the 2008 global financial crisis.
In the meantime, the news agency reports that Citigroup’s China unit on Thursday named Ji Yang head of markets & securities services (MSS), and Vicky Tsai head of securities services.
Most recently, Yang was the bank’s head of corporate sales and structuring for Hong Kong and Greater China.
Finally, Reuters also reports that Morgan Stanley’s global head of macro trading in the bank’s fixed income division is retiring, according to a memo seen by the news agency.
Senad Prusac oversaw the foreign exchange and emerging market and interest rates sales and trading teams, according to the memo from Morgan Stanley fixed income head Sam Kellie-Smith, which was sent to employees last week.
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