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FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar
HONG KONG (Reuters) - Citigroup has set a target to hire 1,000 wealth professionals in Hong Kong in the next five years, as it seeks to grow its Asian client assets under management by $150 billion following a record year, a statement from the U.S bank said.
The recruitment campaign has already started, with 75 private bankers and relationship managers hired so far in 2021 to build on the $310 billion Asian assets under management to date.
The headcount target will include 550 new private bankers and relationship managers by 2025, the statement said.
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