Citi Hires From Goldman, Deutsche Bank for Asia Bank, DCM (1)

Citigroup Inc. made two key hires in Asia to boost coverage of financial sponsors and its debt capital markets business, adding to a string of recent senior appointments within the investment bank.

The American bank hired Vikram Chavali from Goldman Sachs Group Inc. to head global asset managers across the Asia-Pacific, as well as Deepak Dangayach from Deutsche Bank AG to be its co-head of debt capital markets for the same region, which includes Japan and Australia, according to memos seen by Bloomberg News. A Citigroup spokesman confirmed the contents of the memos.

“Financial sponsors globally are driving a significant ...