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Citigroup names new head of Asia-Pacific prime finance

CitigroupInc. appointed Angus Yang as its new head of prime finance forAsia-Pacific, Bloomberg News reported April 1, citing an internal company memo.

Yang, who previously held a similar role at , will replace JosephChang, who left Citi to pursue other opportunities.

A Hong Kong-based spokesman for Citi confirmed the newappointment.