Citigroup Inc. has hired former Merrill Lynch & Co. banker Rodney Tsang as co-head of its China investment banking team, adding firepower to the bank's effort to target China's private-sector companies.

Tsang built his reputation by advising Chinese private companies looking to raise capital from global investors. Earlier this year, he worked on the $126 million Nasdaq initial public offering of Chinese video game maker Changyou.com Ltd.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.