Citigroup opens prime brokerage in Singapore

In response to the growth of the Singapore hedge fund sector, Citigroup has announced plans to open a prime brokerage department this month in Singapore. It will handle sales and client servicing with stock borrowing being carried out by CitigroupÆs Hong Kong office. Alexis Fosler will run prime brokerage sales in Singapore. She has been working in the offshore banking industry in the British Virgin Islands and previously worked in Hong Kong in equity sales/research for SBC, UBS and C…