Citi has hired 13 new professionals in recent weeks as part of the ongoing expansion of its Global Prime Finance business.

The recent hires are split between New York and London. They are focused in the trading and risk areas.

“We are finding that Prime Finance clients increasingly demand access to a full suite of product offerings and services across the life cycle of the investment process. Along with a comprehensive global presence across research and execution through to finance, custody and fund administration, Citi is in a unique position to take a leading role,” said Nick Roe, Citigroup’s Global Head of Prime Finance. “The current market trends play to Citigroup’s strengths and the hires we are making and are about to make are a direct result of increased client demand for our services.”

John Nicholson has agreed to join Citi from Barclays Capital as Managing Director within the US trading team.

Eric Hughson is joining as a Managing Director within the European trading team from Commerzbank.

Other recent hires include:

North America Title
Roy Rodriguez Director
Arjune Budhram Director
Tom Conti Director
Rachael Kitaeff Vice President
Michael Fu Director
Jay Vasser Vice President
Neil Monaghan Director

Europe Title
Travis Macilwain Director
Alessandro Cossani Director
Chelvi Paramanathan Director
Richard Stuart-Reckling Director