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Dispatches: Citi moves senior bankers to Asia

In its third announcement this week on hiring or relocating people to Asia, Citi said yesterday that Jim Perry will be joining its technology, media and telecommunications (TMT) global banking team as a managing director. He will have coverage responsibility for large-cap technology and clean technology companies in Asia-Pacific and will be based in Hong Kong. (Finance Asia)

Private banking is back in vogue after a bad patch following the financial crisis. They are hiring again to meet rising demand for wealth management services – and some are doing so with a vengeance. (Asia One)

Australian media and investment company Seven Group Holdings Ltd said yesterday it had reached agreement with the Agricultural Bank of China to invest US$250m in the lender’s record-breaking initial public offering. (Shanghai Daily)

Australia’s financial services peak bodies have responded in favour of Julia Gillard’s appointment as Australia’s new prime minister. (Investor Daily)

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