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Goldman hires Gary Suen in retail products push

September 03, 2010  

From Richard Morrow

The US investment bank has hired Gary Suen from Deutsche Bank to run its third-party product distribution in Asia, as the bank seeks to take advantage of the rise in high net worth clients in the region. He is expected to begin in late November and will build a sizeable team upon joining.

US investment bank Goldman Sachs has hired Gary Suen as managing director and head of product distribution to third-parties for Asia, as the US investment bank aims to take advantage of the growth in wealthy individuals in the region.

Suen...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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