Citigroup recruits new leaders for Nordic division- report

Group 1 - Citigroup has appointed Tobias Akermark and Kasper Dichow to co-lead its Nordic investment banking division as part of its strategy to expand European operations [1][2] - Akermark previously served as Barclays' country CEO for Sweden and head of Nordic banking, while Dichow led Credit Suisse's Nordic investment banking before joining Nordea [2] - Both new leaders bring nearly 20 years of investment banking experience to Citigroup [2] Group 2 - Citigroup recently appointed Lee Lung Nien as the country officer and banking head for Singapore, focusing on client and regulatory relations [3] - Lung has a background as chairman of Citi Private Bank for South Asia and CEO of Citibank Berhad in Malaysia [3] - Citigroup CFO Mark Mason indicated that investment banking fees and market revenue are expected to rise mid-single digits year over year in the third quarter [4]