• Most Popular
  • Most Shared

Citigroup taps banker for Asia metals and mining

HONG KONG
Tue Mar 4, 2008 6:31am EST

HONG KONG (Reuters) - Citigroup has relocated an investment banker to Hong Kong from the United States in order to build its dealmaking capability in the Asian metals and mining sector, according to an internal memo.

Deals  |  Stocks  |  Mergers & Acquisitions

Darin Baur, who joined the bank in 2000, has since 2006 been a director in its Chicago investment banking team, the memo said. He reports to Alexander Molyneux, head of Asia metals and mining.

Soaring commodity prices have fuelled a wave of consolidation activity in the mining sector, headlined by BHP Billiton's hostile bid for rival Rio Tinto Plc.

(Reporting by Tony Munroe; Editing by Ken Wills)



More from Reuters

Photo

Time Warner Cable, Fox at impasse; blackout looms

NEW YORK (Reuters) - About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Clients work out on machines at the Bally Total Fitness facility in Arvada, Colorado June 15, 2009.  REUTERS/Rick Wilking

Get real with resolutions

We make them and we break them: The secret to keeping them is to avoid the impossible dream.  Full Article