Jefferies Hires Citigroup's Jonathan Quek as Head of Real Estate, Gaming, and Lodging for Asia

Jefferies Financial Group has hired Citigroup's top real estate veteran, Jonathan Quek, as head of real estate, gaming, and lodging for Asia. He will also serve as managing director and head of Southeast Asia. Quek has over two decades of experience at Citigroup and joins former colleague David Biller at Jefferies. This hire supports the firm's expansion in Asia and follows the recruitment of about 20 bankers from Credit Suisse last year.

Jefferies Financial Group has bolstered its presence in Asia with the hiring of Jonathan Quek, Citigroup's top real estate veteran in the region. Quek, who has over two decades of experience at Citigroup, will join Jefferies as head of real estate, gaming, and lodging for Asia, as well as managing director and head of Southeast Asia. He will be based in Singapore [1].

Quek's extensive background includes serving as head of Asia Pacific real estate and lodging and head of Southeast Asia coverage at Citigroup. His appointment follows the recruitment of about 20 bankers from Credit Suisse last year, further demonstrating Jefferies' commitment to expansion in Asia. Backed by Japanese financial giant Sumitomo Mitsui Financial Group Inc., Jefferies is poised to move to a bigger office in Singapore [1].

This strategic move comes as Jefferies continues to establish its foothold in the region, aiming to capitalize on the growing real estate and gaming sectors. Quek's experience and expertise will be invaluable in driving this expansion, particularly as the firm looks to integrate gaming and blockchain technologies into its portfolio [2].

In addition to Quek's appointment, Jefferies has also hired another Citigroup veteran, David Biller, as a former colleague of Quek. This hiring spree underscores the firm's ambition to attract top talent and strengthen its market position in Asia.

References:
[1] https://www.bloomberg.com/news/articles/2025-09-03/jefferies-hires-citigroup-s-top-asia-real-estate-dealmaker-quek-mf3qcl10
[2] https://en.bitcoinsistemi.com/ripple-xrp-launches-new-project-with-ambitious-entry-into-the-gaming-industry-here-are-the-details/