Citi Prime Finance Continues Onboard of Ex-Deutsche Bank Execs

Citi has hired Daniel Caplan and Simon Kempton for its prime services unit, one week after the duo departed Deutsche Bank.
By Joe Parsons(2147488729)
Citi has hired Daniel Caplan and Simon Kempton for its prime services unit, one week after the duo departed Deutsche Bank.

The appointment of Caplan and Kempton are the latest for Citi’s revamped prime services management as it looks to delve deeper into hedge fund financing.

Kempton joins as EMEA head of Prime Finance, while Caplan will serve as EMEA head of Investor Services Sales.

The hiring’s marks the third successive appointment of former Deutsche Bank executives for Citi, after naming Murray Roos, another former prime finance head at the German bank, as global head of Sales for Equities and Prime Finance.

“These hires reflect our commitment to building an industry-leading Investor Services franchise by continuously enhancing our ability to provide our clients with consistent, best-in-class solutions across products and geographies,” says Okan Pekin, global head of Investor Services.

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