Billionaire Ken Griffin’s Citadel Opens Singapore Office

Billionaire Ken Griffin’s Citadel Opens Singapore Office

Billionaire Ken Griffin's finance companies plan to open a Singapore office this year in a fresh push to expand in Asia.The new office will be shared by his Citadel hedge fund business and the market-making Citadel Securities LLC unit, the Chicago-based firm said in an e-mailed statement Monday. Both will continue to grow their Hong Kong operations, and Citadel Securities is expanding in Shanghai and Sydney as it broadens trading activities, the company added.