Citi hires from Deutsche to boost Apac ECM team

US bank hires Jingkai Yew as a director with a focus on equity capital markets origination in Southeast Asia on anticipation of increased fundraising opportunities in the region.

Citigroup has poached Deutsche Bank's Jingkai Yew for its equity capital markets franchise as the US bank prepares ahead of an expected uptick in equity fundraising activities in Southeast Asia, according to an internal memo seen by FinanceAsia.

Yew, who was most recently a sector coverage banker at Deutsche Bank on Southeast Asian real estate, gaming and lodging, will join Citigroup as a director with a focus on equity capital markets origination and execution in Southeast Asia.

In his new role, Yew will be based in Singapore and report to Ashu Khullar, Citigroup's head of capital markets origination for Asia-Pacific.

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