Citi expands CB sales and trading with new appointments

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 responsi…