Citi Private Bank hires Goldman's Hitsch to run China

Rudolf Hitsch left Goldman Sachs and joined Citi Private Bank last week as Hong Kong-based global market manager for China. He is responsible for Citi's offshore China private-banking franchise and reports to Aamir Rahim, Asia-Pacific chief executive in Hong Kong. Sources say the China head role at Citi Private Bank has not been held formally by anyone before. Hong Kong-based Andrew Tung led the China team for a spell on an interim basis, but moved into a senior client-facing role ear…