UPDATE 1- Citigroup to double China staff in 3 years - Nikkei

Newswire

Nov 25 (Reuters) - Citigroup Inc plans to double personnel in China to 10,000 over three years to better support Japanese companies moving into the country, the business daily Nikkei reported. The company plans to tap demand among firms including Toyota Motor Corp , Sony Corp and Toshiba Corp , by assisting their expansion into overseas markets, Stephen Bird, chief executive, Citi Asia Pacific, told the Nikkei. Citigroup has been unloading noncore businesses to rebuild its operations ...

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