Citi is expanding its convertible bonds business in Asia with new appointments in sales and trading within its markets division, according to a release issued yesterday. The bank said it has named Paul J Andersson, better known as PJ, as pan-Asia head of equity derivative and convertible sales and promoted Nick Smith to head of pan-Asia convertible bonds, which is also a sales and trading position. Both roles are new.
Andersson, who is relocating from Citi in New York, will be responsible for the global distribution of all pan-Asia equity derivatives products, including convertible bonds CBs. He will be based in Hong Kong and will report to Adrian Faure, head of equities for...
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