Citigroup is seeking to seize opportunities from Japan¡¯s economic revival, even as the fight to get talent constrains its growth ambitions, according to the Wall Street bank¡¯s top local executive.
The lender is pushing to expand in the country, Citigroup¡¯s Country Officer Robert Nakamura said in an interview. It¡¯s chasing double-digit revenue growth in client-driven businesses and wants to rank among the top three foreign banks across key operations in the Asian nation, the markets veteran added.
¡°We struggled to get attention before¡± from the U.S., said Nakamura, who has worked at Citigroup for more than 30 years and was appointed to his current role two years ago. ¡°Now, we deal with the logistical challenges of people wanting to come to Japan.¡±
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