Citi’s Japan Banking Head Seeks Expansion Despite Talent Crunch

Citigroup Inc. 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.