Asiamoney - Market Moves

Market move

2010 2009 2008

J.P. Morgan names new Asia commodities chief

02 Sep 2010 Commodities, Market move
The US bank has appointed Ray Eyles to be its new CEO for commodities in Asia. He replaces Oral Dawe, who has retired from the bank.
BarCap bulks up Asia equity research team

01 Sep 2010 Broking, Market move
The UK investment bank announced six appointments to its regional equity research team, as it aims to expand in the equities market in Asia.
Credit Agricole shifts Lainé to head Asia FIG

01 Sep 2010 Investment banking, Bonds, Market move
The French bank has moved Frédéric Lainé to a new role heading financial institutions group coverage in its investment banking division. Lainé was formerly head of Credit Agricole's fixed income markets in the region, a position being taken by Graham Williams.
BoA-Merrill anoints equity retail sales chiefs

31 Aug 2010 Structured products, Market move
The US bank has internally appointed Arif Mansuri and Benjamin Tsai to replace the recently-departed Abhinav Gorawara in running equity structured solutions and third-party distribution.
Citi appoints new head of electronic platforms for Asia

30 Aug 2010 Cash management, Market move
The US bank has hired Endre Markos from Bloomberg to head electronic markets and platforms for its securities and fund services business, as the bank aims to gain a greater share of online trading in the region.
Four UBS bankers follow Henry Cai to Deutsche

26 Aug 2010 Investment banking, Market move
The Swiss bank has had four recent departures from its China investment banking department to join Deutsche Bank. They are expected to start in October.
UBS hires new head of FIG for Japan

26 Aug 2010 Investment banking, Market move
The Swiss bank has hired Yoshifumi Watanabe as the head of the financial institutions group in the investment banking department for Japan. He joins from Citi, where he held the same title.
Wealth managers bulk up on senior China bankers

25 Aug 2010 Market move, Private banking
HSBC Private Bank has hired at least three senior relationship managers for its China team this year, asiamoney.com can confirm. It comes amid a spate of high-level job-hopping in 2010 among private bankers focusing on China.
HSBC hires six in renewed enthusiasm for equities

25 Aug 2010 Broking, Market move
The UK bank has hired six people into different Asian markets to bolster its cash equities coverage. It is part of HSBC's latest drive to build its regional equities capabilities, following several failed attempts before.
UBS adds to Aussie client team in country build-out

24 Aug 2010 Market move, Private banking
The Swiss institution’s private bank arm has hired Anne Flockart and Veronika Dlouha to bolster its client relationship team based in Sydney. UBS says it sees Australia as a growing market for private banking assets.
BNY Mellon unveils new head of trading in Korea

24 Aug 2010 Structured products, Foreign exchange, Market move
The asset manager and securities servicing firm has hired K.H. Kang from Woori Securities as its new head of trading in Korea. He succeeds T.B. Song, who is set to retire from the firm after a transition period.
UBS reels in Wei Cai to replace Henry Cai

20 Aug 2010 Stock & exchange, Investment banking, Market move
The Swiss bank has hired Wei Cai from Morgan Stanley to replace the recently departed Henry Cai. While he lacks the lengthy track record of his predecessor, the new Cai will help bolster the bank's equity capital markets credentials on the mainland.
Citi hires Hodes and aims to expand investment division

20 Aug 2010 Market move, Private banking
The bank named Paul Hodes as Asia-Pacific head of traditional managed investment products for wealth management in a newly created role. It is seeking to expand its 175-strong investment products team in the region.
UBS Wealth Management hires India desk head

19 Aug 2010 Market move, Private banking
The Swiss firm has appointed Jaya Jayaram from Deutsche Bank Private Wealth Management as head of its India desk based in Hong Kong. She replaces Jagdish Upadhyaya, who is taking up another role within the bank.
UBS grabs BarCap's Siddiqi for FICC corporate coverage

18 Aug 2010 Structured products, Bonds, Foreign exchange, Market move
The Swiss investment bank continues its active expansion into fixed income, currencies and commodities with the appointment of the veteran banker from rival Barclays Capital. Siddiqi starts on September 20.
Deutsche Bank adds Asian equity strategy team

18 Aug 2010 Stock & exchange, Market move
The German bank has appointed former hedge fund founder Ajay Kapur as head of Asian equity strategy in Hong Kong, along with Priscilla Luk and Ritesh Samadhiya. The trio all previously worked for Mirae Asset Securities.
EFG Bank lures Chien from UBS Wealth Management

18 Aug 2010 Market move, Private banking
The private banking subsidiary of Swiss firm EFG International has recruited Adeline Chien from UBS Wealth Management to focus on growing its Greater China business. The bank is eyeing ambitious growth in Asia private banking.
Banks go for broke in cash equities expansion frenzy

17 Aug 2010 Broking, Market move
Asia has witnessed a year of frenzied hiring from many investment banks and brokers, but underlying markets are having a woeful year. It paints a bleak picture for revenues.
Macquarie hires Asia equity derivatives bankers

16 Aug 2010 Stock & exchange, Structured products, Market move
The Australian bank is aggressively expanding in equity derivatives, hiring six senior personnel to bulk out its capabilities. The additions follow the recent appointment of Todd Steinberg as global head of equity derivatives.
ING Investment Management names new Asia chief

12 Aug 2010 Asset management, Market move
The asset manager has announced the appointment of Grant Bailey as its new Asia-Pacific CEO, subject to regulatory approval. He succeeds Alan Harden, who ‘has decided to pursue a career outside ING’, the company confirmed.
Goldman hires top commodities analyst from Deutsche

11 Aug 2010 Investment banking, Broking, Market move
The US investment bank has appointed Julian Zhu as a managing director for commodities equity research. He is set to join after a period of gardening leave, and fills a post left vacant when Song Shen left the bank in March.
Bank of Singapore adds Indonesia team

11 Aug 2010 Market move, Private banking
The private bank has hired industry veteran Larry Leong and a team of five from DBS Private Bank for its Indonesia team, which now boasts 30 bankers. It comes at the latest in a string of hires by the firm, and more are expected.
Nomura hires head of sovereign wealth fund sales

10 Aug 2010 Bonds, Market move
The Japanese bank has hired a point man to take care of its major state customers in the form of Henrik Melph. He joins Nomura from Royal Bank of Scotland, where he held an identical role.
UBS adds duo to Korea fixed income business

09 Aug 2010 Bonds, Market move
The firm continues the build-out of its fixed income business with two appointments in Korea. It has re-hired Joonkee Hong as head of fixed income, currencies and commodities for Korea and appointed J.Y. Song as co-head of FICC distribution for the country.
ABN Amro bolsters Asia private banking team

07 Aug 2010 Market move, Private banking
The Dutch firm has appointed Jimmy Kee from Standard Chartered as its market manager for Singapore and Malaysia in what is a new role. It follows several key additions this year, including Mark Chan and Arjan de Boer.
Nomura adds five equity analysts in Australia

07 Aug 2010 Broking, Market move
The Japanese bank has moved to further strengthen its impressive regional equity research business by adding five new analysts in Sydney. The appointments reflect the bank’s ambition to become a top-notch broker in Australia.
Banks face shortage of available talent in Asia

07 Aug 2010 Investment banking, Broking, Market move
Regional banks are finding it increasingly challenging to fill the increase in job vacancies because of a lack of available candidates and intensifying competition to hire top talent, according to eFinancialCareers.
Bank of Singapore adds new business heads

04 Aug 2010 Market move, Private banking
The firm has hired former Australian government policy adviser Jan Lee as its chief economist and Alistair Marsh as head of trading advisory and product development. It is seeking to strengthen its proprietary research and open architecture platform.
Citi hires first equities staff for Indonesia

04 Aug 2010 Broking, Market move
The US bank has appointed Hasan Ukim as head of equities sales and Santy Tandiana as a salesperson for its equity broking operations in Indonesia. The appointments follow Citi receiving a licence to operate in the country last month.
Esther Heer named deputy CEO of BSI Asia

03 Aug 2010 Market move, Private banking
Swiss boutique BSI announced two more hires from RBS Coutts in a continued Asia expansion. Heer is named deputy CEO of BSI Asia and CEO of BSI Investment Advisors (Hong Kong), while Ciro Ahmad is named deputy COO of BSI Investment Advisors (Hong Kong).
Citi hires Smith to run Asia electronic execution product

03 Aug 2010 Stock & exchange, Broking, Market move
The US bank has snatched Ian Smith from Credit Suisse to be its head of electronic execution product for Asia Pacific. The bank is keen to improve in this area and is targeting a top-three position in the region within a year.
Credit Suisse names head of prime services in Japan

02 Aug 2010 Broking, Market move
The bank has internally appointed Myo Schollum to bolster its sales and marketing activities in Tokyo. He was previously Credit Suisse’s head of prime services coverage in Singapore, a role now taken up by Joseph Leckie.
DBS eyes Asian asset allocation strategy with CIO hire

30 Jul 2010 Market move, Private banking
The bank has named Lim Say Boon from StanChart as chief investment officer for wealth management in a new role. He has been tasked with setting up a senior committee that provides a global investment strategy with an Asian bias.
J.P. Morgan bolsters global trade practice

29 Jul 2010 Cash management, Market move
The US bank announced a raft of senior hires across its global trade business to capture what it expects to be unprecedented growth. Many of its recruits are new appointments in Asia-Pacific, indicating its view of the region’s rich potential.
RBS hires four BoA-Merrill bankers for equity derivatives

28 Jul 2010 Structured products, Market move
The Royal Bank of Scotland has hired four bankers from Bank of America-Merrill Lynch to boost its equity derivative and structured products business in Asia.
UBS names asset management head for Australia, NZ

28 Jul 2010 Asset management, Market move
The bank has appointed Ben Heap as head of UBS Global Asset Management, Australia and New Zealand. He succeeds Paul Bolinowsky, who stepped down to focus on his other role as head of institutional sales for the two countries.
Credit Suisse hires China trio from Citi Private Bank

28 Jul 2010 Market move, Private banking
It has appointed Andrew Tung as managing director and John Mo and Wilson Lee as directors to boost its China team. The trio opted to leave Citi Private Bank following Rudolf Hitsch’s arrival from Goldman Sachs.
AT&T raises $2.25bn in sale of bonds

28 Jul 2010 Market move, Private banking
AT&T has issued $2.25 billion in a five-year bond sale. The notes, which carry a coupon rate of 2.5%, will mature on August 15, 2015.
Jefferies grabs senior CLSA equities duo in Asia push

26 Jul 2010 Broking, Market move
The upstart US investment bank is on a regional build-out, and has begun by hiring Michael Alexander, CLSA's global head of equity sales and trading, and Chris Schutte, its head of hedge fund sales.
Nomura hires Asia head of corporate and risk sales

23 Jul 2010 Structured products, Market move
The Japanese bank has hired Eng Chien Chan from Credit Suisse into a new role heading corporate and risk solutions sales for Asia. He is the latest of several hires as Nomura rounds out its regional fixed income presence.
Daiwa aims to treble Asia revenue outside Japan

22 Jul 2010 Investment banking, Market move
Shigeharu Suzuki, president and CEO of Daiwa Securities Group, says the Japanese bank aims to treble revenue contributions from Asia outside of Japan next year from current levels.
Citi names Andersson to head equity derivative sales

19 Jul 2010 Stock & exchange, Structured products, Market move
The US firm announced the appointment of Paul Andersson as head of pan-Asia equity derivative and convertible sales. It also promoted Nick Smith to become head of regional convertible bonds. Karina Vachani reports.
UBS hires co-heads of regional credit sales

15 Jul 2010 Structured products, Bonds, Market move
The Swiss firm has lured Justin Yang from Citi and Ben Jones from Goldman Sachs to become managing directors and co-heads of credit sales for Asia, asiamoney.com can reveal.
Credit Suisse hires DCM veteran Shum from BarCap

14 Jul 2010 Bonds, Market move
The Swiss bank has lured Anthony Shum from its UK rival to become a director in its regional debt capital markets team, asiamoney.com can reveal. The move compliments Credit Suisse’s desire to grow its fixed income personnel by 20% this year.
BNY Mellon aims to expand broker-dealer services

14 Jul 2010 Cash management, Interviews, Broking, Market move
The US financial services institution has relocated Michael Schroeder from New York to become regional manager for broker-dealer services in Asia. The move is part of a broader plan to build the division by up to 20% in 12 months. By Karina Vachani.
Citi hires Goldman’s Osmond in Australia expansion

12 Jul 2010 Investment banking, Market move
The US bank has hired Tony Osmond from Goldman Sachs to be its head of investment banking for Australia and New Zealand from Goldman Sachs. He was formerly head of M&A, natural resources and industrials in Australia.
Stanchart hires Simon Brookhouse to head global equities

12 Jul 2010 Broking, Market move
The emerging markets-focused bank has hired the veteran banker to run both the cash and derivatives parts of its equities business from Hong Kong. He joins from boutique UK investment bank Execution Noble.
BarCap hires two senior investment bankers in HK

07 Jul 2010 M&A, Market move
The UK bank has appointed Vanessa Koo as managing director of mergers and acquisitions for Greater China and James Lim as head of Asia-Pacific real estate, asiamoney.com can reveal. Koo joins from Goldman Sachs and Lim joins from BNP Paribas.
Macquarie Private Wealth Asia hires COO from DBS

05 Jul 2010 Market move, Private banking
The Australian firm hired Andrea Wong from DBS Private Bank to be chief operating officer for its regional wealth management business. She replaces Vivienne Chhoeu, who is moving internally into a business development role.
Deutsche makes fourth hire in hot commodities space

05 Jul 2010 Commodities, Market move
The German firm has made its fourth major commodities hire in recent months, bringing Stuart Smith on board as head of corporate commodity sales for Asia ex-Japan.
Credit Suisse expands UHNW offering in Asia

02 Jul 2010 Market move, Private banking
The bank has added three senior staff to its Solution Partners team for UHNW clients in Asia-Pacific. One was an internal transfer and the others were external hires who have each worked at UBS Wealth Management.
BNP Paribas adds institutional relationship managers

02 Jul 2010 Asset management, Market move
The bank has hired Doreen Tan and Chelsea Ong as senior institutional relationship managers to cover south-east Asia and Australia, respectively, as part of a build-out of its regional corporate and investment business.
RBS hires head of credit structuring for Asia-Pacific

02 Jul 2010 Structured products, Bonds, Market move
Stefan Masuhr will started on July 1 and is expected to lead the expansion of the team.
BNY Mellon transfers Daniel Smith into key Asia role

29 Jun 2010 Cash management, Asset management, Market move
The asset manager named Daniel Smith as chief administration officer for Asia-Pacific in an internal transfer from its US business. He replaces Lee Stephens, who has relocated for a senior development role in BNY Mellon’s Washington D.C. office.
Nomura adds oil traders as part of commodities push

29 Jun 2010 Commodities, Market move
The Japanese bank has hired two oil traders as part of its desire to establish a broader commodities business in Asia.
Crédit Agricole CIB hires five in fixed income

28 Jun 2010 Bonds, Market move
The French bank says the new appointments are part of its planned expansion into debt capital markets and commodities, and it is still looking out for more talent.
Deutsche PWM hires Strasser from Credit Suisse

28 Jun 2010 Market move, Private banking
The German bank’s private banking arm has appointed Michael Strasser from Credit Suisse as global south Asia director based in Zurich. The south Asian diaspora remains a key focus Deutsche Private Wealth Management as it looks to expand its coverage.
Daiwa poised to appoint Deutsche equity sales trio

25 Jun 2010 Stock & exchange, Investment banking, Broking, Market move
Daiwa Capital Markets is set to reveal the appointment of three Deutsche Bank veterans to its Asia ex-Japan equity sales team. Ravi Narain, Ricky Lo and May Tsang are expected to be unveiled at the Japanese bank next week.
Credit Suisse confirms six FX sales hires

25 Jun 2010 Foreign exchange, Market move
The Swiss bank has added six new FX sales people in Japan, Singapore and Hong Kong from various banks over the last three months in a bid to drive flow business in the region. All are at director level.
Lee joins Deutsche as Asia head of GMIP

23 Jun 2010 Structured products, Market move
Christopher Lee started today as Deutsche Bank’s head of global markets investment products and db-X platform. He was reportedly attracted by a wider remit, having been head of equity risk management products at UBS.
DBS names key hires in global transaction services

23 Jun 2010 Cash management, Market move
The bank has hired Ken Stratton from J.P. Morgan as global head of sales for GTS in a new role. It also named Lee Tze Tze to run supply chain product management as of July 1 as it aims to double revenues for the business.
Citi bolsters Asia global banking business

23 Jun 2010 M&A, Real estate, Market move
The US bank has appointed Matthew Mrozinski from Deutsche Bank as head of real estate banking for Asia, and Douglas Farrell from Nomura as a director in mergers and acquisitions.
Deutsche to add 30 relationship managers in Asia

21 Jun 2010 Market move, Private banking
The bank is targeting 30 relationship managers to boost its Asia-Pacific private wealth management team in 2010, regional chief Ravi Raju revealed. The bank has added a dozen bankers in North Asia already this year, asiamoney.com can confirm.
UBS Wealth hires corporate advisory head

21 Jun 2010 Market move, Private banking
The Swiss bank has appointed Sen Chew Lua from BNP Paribas to be head of its Corporate Advisory Group in Singapore. UBS says it plans further hires in what it sees as a key segment for ultra-high-net-worth clients.
Pacific Alliance hires TPG’s Weijian Shan as CEO

21 Jun 2010 Private equity, Market move
The private equity company has appointed well-known executive Weijian Shan as its new chairman and chief executive, joining from TPG Asia. Additionally, Citi announced that Chris Laskowski will be returning to the region as head of its financial entrepreneurs group.
J.P. Morgan Private Bank names new Asia CEO

19 Jun 2010 Market move, Private banking
The US firm has announced the appointment of Andrew Cohen as CEO of its ultra-high-net-worth business in Asia-Pacific. He has led the private bank’s southern California business for four years and replaces Paul Scibetta, who will be transferred.
Deutsche grabs top debt banker from Credit Suisse

18 Jun 2010 Investment banking, Bonds, Market move
The German lender has hired Michael Lam from its rival as head of North Asia debt capital market origination. At the same time, the bank will transfer David Greenbaum from its New York office to become his south Asia counterpart.
Sarasin snatches Damien Ng from Credit Suisse

17 Jun 2010 Market move, Private banking
The Swiss private bank hired Damien Ng as head of investment consulting at its Singapore subsidiary this week. He joined from Credit Suisse, although sources are divided over his reasons for joining.
Barclays Wealth adds Asia chief risk officer

11 Jun 2010 Market move, Private banking
The UK-headquartered wealth manager has appointed Urban Wilde as its chief risk officer for Asia-Pacific based in Singapore. Formerly a UBS veteran of over 20 years, Wilde is the latest of several senior banker Barclays Wealth has taken from the Swiss bank.
Clariden Leu hires UBS veteran in Singapore

10 Jun 2010 Market move, Private banking
The bank has named Peter Buehler from UBS as head of European market and external asset managers in Asia. Based in the new role in Singapore, he will help clients in Europe book assets in Asia.
SocGen trebles Asia research with Japaninvest alliance

09 Jun 2010 Stock & exchange, Broking, Market move
French bank Société Générale has teamed up with Japaninvest Group in a trading and research alliance that effectively trebles the size of its regional research team to 25 analysts.
NAB adds quartet to boost Asian trade footprint

09 Jun 2010 Cash management, Market move
The Australian bank has announced four senior appointments to strengthen its business and institutional banking presence in Asia. It wants to benefit from growing trade and investment flows between Australia, New Zealand and Asia.
BoA-Merrill loses one senior sales trader, gains another

08 Jun 2010 Investment banking, Broking, Market move
Well-regarded sales trader Carter Ting has quit as a managing director of Bank of America-Merrill Lynch’s Hong Kong and China team, asiamoney.com can exclusively reveal. Separately, the US firm has hired Rebecca Fu as a sales trader from Knight Capital.
Daiwa hires Jimmy Kan for derivatives structuring

08 Jun 2010 Structured products, Market move
The Japanese investment bank has hired Jimmy Kan from Deutsche Bank to to run its global derivatives structuring business as part of a massive expansion plan. Nick Jacob reports.
Crédit Agricole hires head of fixed income for Korea

07 Jun 2010 Commodities, Bonds, Foreign exchange, Market move
The French bank taps Young-Whan Koh, a former DBS salesperson, as its head of fixed income markets for Korea.
J.P. Morgan grabs DuCharme from Deutsche

04 Jun 2010 Cash management, Market move
The bank has hired Thomas DuCharme from Deutsche Bank as CEO of its Asia-Pacific Treasury and Security Services business, which it is striving to double in size by 2013. He had worked at Deutsche as head of transaction banking.
RBS makes Ho ECM head after surprise Sturmey exit

03 Jun 2010 Stock & exchange, Investment banking, Market move
The Royal Bank of Scotland announced today (June 3) that it has promoted Stanley Ho to head of equity capital markets for Asia. He replaces John Sturmey, who returned to former employer UBS as co-head of Asia global capital markets.
Citi moves Tokyo syndicate head to HK in debt push

01 Jun 2010 Bonds, Market move
The US bank has relocated Duncan Phillips from Tokyo to Hong Kong to co-head its Asia-Pacific ex-Japan debt syndicate team. He will be replaced in Tokyo by Matthieu Sachot from Dexia Group.
J.P. Morgan’s hedge fund services head eyes growth

01 Jun 2010 Cash management, Broking, Market move
The US bank is striving to build its hedge fund services business in Asia-Pacific to cater to rising demand among increasingly sophisticated funds. Its newly-appointed head for the region says that more hires are on the way.
Clariden Leu continues Deutsche raid

01 Jun 2010 Market move, Private banking
The Swiss bank confirms more senior hires as it seeks to strengthen its position in the region’s wealth markets. It enhances Asia CEO Jimmy Lee’s record of raiding his former employer, Deustche Bank Wealth Management.
RBS aims to regain lost ground in Asia with new hires

25 May 2010 Investment banking, Market move
The Royal Bank of Scotland announced two hires today (May 25) to boost its investment banking business in Asia. The appointments are part of the bank’s strategy to regain ground it lost to rivals during the global financial crisis.
Resignation-ravaged RBS Coutts reveals more hires

24 May 2010 Market move, Private banking
The international private bank has just appointed Ranjit Khanna to be market head of non-resident Indian (NRI) and South Asian business, and Nancy Lee as Asia head of human resources. private bank. More should follow, following a spate of resignations from the firm.
Merrill Lynch signs south-east Asia wealth head

24 May 2010 Market move, Private banking
Merrill Lynch Wealth Management has hired Lim Eng Guan as head of global wealth and investment management south-east Asia. He is set to join on July 1 as a managing director, effectively as a replacement for Kong Eng Huat.
Hiring activity in Asia is highest ever, says Pagoda

19 May 2010 Stock & exchange, Interviews, Bonds, Foreign exchange, Market move
With nowhere else to look for growth, banks and funds are increasingly viewing Asia as a long-term play, with a subsequent leap in hiring levels. Andrew Britton of Pagoda Partners believes that the fervour has now surpassed that of 2006.
Nomura hires head of primary private credits business

17 May 2010 Bonds, Market move
The Japanese bank has hired Prasson Dayal to head its newly-created regional primary private credits division. It follows a sustained push by the bank to raise its fixed income capabilities in Asia.
ANZ Private Bank hires Suen in Hong Kong

17 May 2010 Market move, Private banking
The bank confirms the appointment of Samuel Suen as head of north and north-east Asia after asiamoney.com enquiries. He is set to start on May 24 in Hong Kong and succeeds Craig Burgess, who relocates to Singapore.
Julius Baer bulks up south-east Asia business

13 May 2010 Market move, Private banking
The firm has hired 11 senior relationship managers, product and advisory specialists within its south-east Asia business from a variety of institutions. Given back-off support, the overall net addition is about two dozen staff.
RBS Coutts names new North Asia head

12 May 2010 Market move, Private banking
The private banking arm of the Royal Bank of Scotland has confirmed Ignatius Chong as head of private banking North Asia. His appointment follows the resignation of Esther Heer, as exclusively revealed by asiamoney.com.
Credit Suisse's SJ Hwang quits for Samsung Securities

11 May 2010 Stock & exchange, Market move
The Swiss bank’s head of institutional equity sales for Asia-Pacific has resigned to join Samsung Securities, asiamoney.com can exclusively reveal. He had worked at Credit Suisse for 16 years.
UBS promotes Mackay to head Asian ECM origination

11 May 2010 Stock & exchange, Investment banking, Market move
The Swiss bank has appointed Stuart Mackay as head of equity capital markets origination in Asia ex-China. He replaces Mark Williams, who resigned last week to join Nomura. Sam Kendall will also return to Hong Kong from London to become head of ECM syndicate.
Hsin joins CCB (Asia) as head of private banking

11 May 2010 Market move, Private banking
Ex-HSBC Private Bank deputy Yvonne Hsin has returned after a two-year absence as CCB (Asia)’s head of private banking, based in Hong Kong. She is tasked with building its wealth management platform from scratch.
BoA-Merrill snatches two ECM bankers from J.P. Morgan

10 May 2010 Stock & exchange, Investment banking, Market move
The US bank has hired Achintya Mangla and Aloke Gupta from rival J.P. Morgan as it bids to bulk up its regional ECM presence, according to an internal memo seen by asiamoney.com.
Rothschild targets Asia expansion after senior hires

10 May 2010 Market move, Private banking
The Swiss private bank has appointed Peter Amandini as chief investment officer and Raymond Lee as chief operating officer in Hong Kong. The firm is in the process of applying to upgrade its rep office status with authorities.
Esther Heer quits RBS Coutts in Hong Kong

10 May 2010 Market move, Private banking
The long-standing head of private banking for North Asia, Esther Heer, left RBS Coutts last week, asiamoney.com can confirm. Although her destination is unknown, it will be a body blow to the bank and raise fears of an exodus.
Hong Kong CEO Wong resigns from CIMB

06 May 2010 Investment banking, Market move
Timothy Wong has quit for personal reasons as country head and CEO for Hong Kong at Malaysian investment bank CIMB Group. Separately, Bernard Teo has left Nomura’s financial institutions group for Asia ex-Japan.
Williams quits UBS to join Nomura as ECM head

06 May 2010 Stock & exchange, Market move
Mark Williams has just resigned from UBS as co-head of Asia equity capital markets to join Nomura and head up the Japanese bank’s regional ECM franchise. His start date is yet to be confirmed.
Banks race for uncertain fixed income returns

05 May 2010 Investment banking, Bonds, Market move
Several banks have been bulking up their fixed income and debt capital market teams despite an apparently bleak revenue outlook. The next year is likely to sort out the winners from the losers.
BNY Mellon names regional head of depositary receipts

05 May 2010 Stock & exchange, Market move
The bank promotes Gregory Roath to head of Asia-Pacific depositary receipts, replacing Christopher Kearns, who relocates. BNY tips Asian issuers to continue dominating the global depositary receipts industry this year.
Deutsche Bank PWM replaces wealth planners

04 May 2010 Asset management, Market move, Private banking
The firm’s wealth management division has hired Teddy Chu and Andrew Chan from HSBC Private Bank to cover wealth planning for North Asia. It notes there is a huge generational transfer of wealth going on in Asia now.
RBS hires Cheong to head south-east Asia banking

03 May 2010 Investment banking, Market move
RBS has named former Nomura and Goldman Sachs veteran Julian Cheong as head of banking for south-east Asia. He will be charged with growing the bank’s equity, debt and advisory businesses in the region.
Citi Private Bank hires new China head

29 Apr 2010 Market move, Private banking
The bank’s private wealth management division has hired Goldman Sachs veteran Rudolf Hitsch to be its global market manager for China. He started as a managing director in Hong Kong this week.
UBS veteran Brett Paton joins Citi for Australia push

29 Apr 2010 Investment banking, Market move
The US bank appointed former UBS banker Brett Paton today as it aims to expand its Australian business. His connections and experience will help, but the US bank remains a long way behind Paton’s former employer.
Credit Agricole adds five to fixed income

28 Apr 2010 Bonds, Market move
The French bank has hired five additional staff for its regional bond origination, sales, trading and research operations. The hires reflect Calyon's stated ambition to beef up its regional bond coverage capabilities.
Deutsche Bank hires financing head for Greater China

28 Apr 2010 Investment banking, Bonds, Market move
The German bank has poached Johnson Chan from hedge fund SSG Capital Management to be its head of financing for Greater China. It especially hopes that he can bolster its debt business in China.
Barclays Wealth hires Henning from StanChart

26 Apr 2010 Market move, Private banking
Bryan Henning has joined Barclays Wealth as Asia head of global research and investments. He had previously worked at Standard Chartered for 15 years, most recently as global product head for wealth management.
Munoz quits Deutsche to join BarCap as ECM head

22 Apr 2010 Stock & exchange, Investment banking, Market move
Jorge Munoz has quit as head of Asia equity syndicate at Deutsche to join Barclays Capital as managing director of regional ECM. Munoz was scheduled to return to Europe with the German bank but opted to remain in Asia.
Deutsche seeks to tap increasing Asia trade flows

22 Apr 2010 Nations & economies, Project finance, Market move
The bank is set on capturing opportunities brought about by increased trade flows in the region and has hired Evert-Jan Zondag and Edward Hui in its structuring team for financing solutions. Both join from ABN Amro/RBS.
Citi adds eight to regional prime finance team

21 Apr 2010 Hedge funds, Market move
The bank has strengthened its team servicing hedge funds in Hong Kong, Singapore and Sydney. Underscoring its confidence in regional demand in this area, it says it is looking to add more in synthetic and loan trading.
Firth quits as BoA-ML’s Asia head of health care

21 Apr 2010 Investment banking, Market move
Carl Firth has resigned as head of Asia-Pacific health care within Bank of America-Merrill Lynch’s investment banking business. He is expected to remain in Asia although not necessarily in banking, say sources.
Opinion: Zhang’s defection unlikely to trigger a trend

20 Apr 2010 Investment banking, Editorial, Market move
While Lee Zhang’s move from Deutsche Bank to ICBC marks a milestone, it is not seen as the start of a trend. It better reflects the ambition of state-lenders to play catch-up and hints at their willingness to pay top salaries.
StanChart promotes Wallace to head of origination

20 Apr 2010 Investment banking, Market move
The bank has promoted Sean Wallace to group head of origination and client coverage, based in Singapore. He was group head of corporate finance, which will continue to report to him until a successor is found.
Deutsche hires Asia head of equity derivatives trading

19 Apr 2010 Stock & exchange, Market move
The German bank has lured Kenneth Hon from Citi to be its head of equity derivatives trading for Asia ex-Japan. He will join the German lender as a managing director based in Hong Kong at the end of this month.
Citi adds trio to acquisition and loans teams

19 Apr 2010 M&A, Loans, Market move
The US bank makes three appointments to its Asia-Pacific acquisition and loans teams as it tries to meet demand for financing in the region. Najeeb Haider and Prosenjit Saha are promoted, while Cecilia Noronha joins from BNP.
Citi hires ex-Fidelity Asia CEO as senior adviser

15 Apr 2010 Hedge funds, Cash management, Asset management, Market move
The bank has hired former Fidelity Asia CEO Chris Ryan as managing director and senior adviser for investor services within its Global Transaction Services business. He is Citi’s most senior hire this year as it strives to build out across the region.
Deutsche names Hoest as Asia commodities head

15 Apr 2010 Commodities, Market move
The bank has hired Gunnar Hoest from Credit Suisse as head of commodities for Asia, its third senior appointment to cover the asset class in recent months. Banks are bulking up as corporates seek hedging solutions and investors hunt for yield.
BarCap confirms Thorkelsson as Asia head of equities

14 Apr 2010 Stock & exchange, Investment banking, Market move
Barclays Capital has named former Nomura banker Sigurbjorn Thorkelsson as its new head of Asia-Pacific equities, confirming a move that was widely speculated on after he quit the Japanese firm last month.
Marques quits Deutsche PWM to join UBS

13 Apr 2010 Market move, Private banking
Senior investment adviser Ricardo Marques has quit Deutsche Bank Private Wealth Management to join UBS’s south Asia team. It is understood he has already been replaced at Deutsche, who have also hired Jeffrey Tai from J.P. Morgan.
Shi quits Morgan Stanley’s general industries team

13 Apr 2010 Investment banking, Market move
Jim Shi has resigned from Morgan Stanley’s regional general industries team for investment banking, asiamoney.com can reveal. He is believed to be heading to rival J.P. Morgan’s China investment banking team.
Welch quits Deutsche as head of Asia cash equity sales

12 Apr 2010 Stock & exchange, Investment banking, Market move
Tom Welch has quit as Deutsche Bank's head of fundamental equity sales for Asia ex-Japan. His departure is the latest in a string of exits from the German lender’s regional equity business.
Barclays Wealth adds another senior UBS banker

09 Apr 2010 Market move, Private banking
The wealth arm of the UK’s Barclays Bank has hired Helen Pun as market head for Hong Kong in a newly created role. She takes over direct market responsibilities from Joanna Chu and is the firm’s latest hire from UBS.
Asset manager targets Asia growth

08 Apr 2010 Commodities, Asset management, Market move
Russell Investments announced a string of appointments in Asia as part of a move to realign itself geographically. It says it sees a growing number of opportunities across the region in the year ahead.
DBS hires Tan as head of private banking

08 Apr 2010 Market move, Private banking
The bank names Tan Su Shan as managing director and head of private banking, including asset management. She had been head of private wealth management for south-east Asia at Morgan Stanley, having only rejoined the US firm in May 2008.
BSI aims to be ‘most admired private bank in Asia’

07 Apr 2010 Market move, Private banking
Hanspeter Brunner, CEO of BSI Bank Ltd Singapore, is looking for relationship managers and operational staff and says his aim is to have the most admired private bank in Asia. It comes as the group unveils 2009 results.
HSBC promotes three researchers

01 Apr 2010 Nations & economies, Bonds, Market move
The UK bank internally appoints a new head of China research and co-heads of Asian economic research.
Clariden Leu’s Lee rubbishes quit rumour

29 Mar 2010 Interviews, Market move, Private banking
The Swiss private bank’s Asia CEO, Jimmy Lee, gives short shrift to rumours that he had quit the firm. He says he heavily engaged in building a project that he sees bearing fruit within the next two years.
Citi continues hiring spree with three appointments

25 Mar 2010 Market move
The US bank has hired three bankers to its regional capital markets origination team. Nathan McMurtray joins from Standard Bank, Stephen Albutt rejoins from Morgan Stanley and Rob Jahrling joins from Deutsche Bank.
Kwok set to join StanChart Private Bank

22 Mar 2010 Market move, Private banking
Veteran banker Lionel Kwok is set to join Standard Chartered Private Bank as managing director and head of investment advisory for north-east Asia, asiamoney.com understands.
Goldman reshuffles regional ECM team

19 Mar 2010 Stock & exchange, Investment banking, Broking, Market move
The bank makes three appointments in its Asia ECM team. Thomas Deng becomes head of China ECM, Will Smiley is made co-head of ECM syndicate in Hong Kong and Hayden Stockdale will relocate to Hong Kong to focus on natural resources.
BoA-ML hires regional corporate banking head

18 Mar 2010 Cash management, Loans, Market move
Bank of America-Merrill Lynch has captured Charles Alexander from StanChart as head of Asia-Pacific corporate banking in a newly created role. He starts in June in Hong Kong, according to an internal memo.
Deutsche names key banking heads in Indonesia

18 Mar 2010 Cash management, Project finance, Market move
The German firm promotes Michael Sugirin to head of trade finance and cash management corporates, and hires Runi Irnandari from Citi as head of multinational corporates coverage and account management services.
Eden Hires Barclays Wealth Team

18 Mar 2010 Project finance, Market move
Eden Financial has hired a team of four from the London office of Gerrard Investment Management, a Barclays Wealth unit.
BoA-ML hires Reilly as head of Asia equity trading

16 Mar 2010 Stock & exchange, Market move
Bank of America-Merrill Lynch has hired Gene Reilly as head of Asia-Pacific equity execution services. He joins from Goldman Sachs, where he was a partner and former head of regional equity trading.
SocGen names Kubo as head of equity for Japan

16 Mar 2010 Stock & exchange, Market move
Société Générale has appointed Masahiro Kubo as its head of equity for Japan, based in Tokyo. He joins from Goldman Sachs, where he was most recently co-head of equity sales and trading.
Money manager bolsters alternatives team

16 Mar 2010 Stock & exchange, Hedge funds, Commodities, Asset management, Market move
Financial services firm Russell Investments announces a strategic push into alternative investments as clients seek to recoup losses in the wake of the financial crisis. It says it is targeting areas such as active commodities, private investments and alpha-driven strategies.
Citi promotes Sanghi to head of India equities

15 Mar 2010 Stock & exchange, Investment banking, Market move
The US bank names Keshav Sanghi as its new head of India equities, replacing Nikhil Nagle, who left last month to pursue personal interests. Sanghi only joined Citi in January, having previously been CEO of Reliance Equities.
BoA-ML hires head of sales trading in Singapore

12 Mar 2010 Stock & exchange, Market move
Bank of America-Merrill Lynch has captured Alex Tang from Credit Suisse to be south-east Asia head of sales trading. In another move, Citi has appointed Paul Martin from Knight Capital as a senior sales trader in Hong Kong.
Investment head Kwok quits Credit Suisse

12 Mar 2010 Structured products, Market move, Private banking
Veteran banker Lionel Kwok resigned this week as head of investments for North Asia at Credit Suisse. Although his destination could not be confirmed, his resignation comes immediately after an internal reshuffle at the bank.
Goldman co-head of regional sales trading quits

11 Mar 2010 Stock & exchange, Foreign exchange, Market move
Jesse Lentchner has resigned as managing director and co-head of sales trading for Asia ex-Japan at Goldman Sachs. He is expected to join trading firm BTIG as a Hong Kong-based regional chief executive.
Deutsche loses key sales traders in Hong Kong

10 Mar 2010 Stock & exchange, Market move
Ricky Lo and May Tsang quit Deutsche Bank’s Hong Kong and China sales trading team today, asiamoney.com can confirm. Both had been with the firm for more than nine years, although their future destination is unknown.
RBS names new country head in Japan

10 Mar 2010 M&A, Stock & exchange, Investment banking, Bonds, Market move
RBS has appointed Ernfred Olsen as country executive and head of global banking and markets for Japan. Olsen joined the lender last month and succeeds Lee Knight, who relocated to Singapore to become head of markets.
Citi’s Asia trade and treasury chief eyes growth

10 Mar 2010 Cash management, Interviews, Market move
The bank’s new head of Treasury and Trade Solutions for Asia-Pacific, Sridhar Kanthadai, says he is seeing a flurry of requests for proposals as Asian businesses seek to centralize costs. He talks about his new role, his priorities and his outlook for 2010.
UBS captures FICC chief in Taiwan: sources

09 Mar 2010 Structured products, Investment banking, Commodities, Bonds, Foreign exchange, Market move
The Swiss bank is understood to have hired Frank Suen from Citi to be head of fixed income, currencies and commodities for Taiwan. It would be the second veteran Citi banker that UBS has hired in recent weeks.
Citi hires distressed debt head for Asia

09 Mar 2010 Hedge funds, Bonds, Loans, Market move
The bank has appointed John Liptak as head of its Asia-Pacific distressed and special situations group, according to an internal memo. He came from Hong Kong hedge fund Tribridge Capital, and Bank of America before that.
Wealth manager BSI launches Asia blitz

09 Mar 2010 Market move, Private banking
The Switzerland-based firm says it is launching a new initiative to expand its business in Asia. It is timed to coincide with the official start of Hanspeter Brunner as CEO of BSI Bank Ltd Singapore.
Regional head of equities quits Nomura

08 Mar 2010 Stock & exchange, Investment banking, Market move
Sigurbjorn Thorkelsson resigned last week as head of Nomura’s regional equities business in Hong Kong, the latest in a string of senior departures from the bank. Nomura also announced a management reshuffle today.
Julius Baer names south-east Asia head

08 Mar 2010 Market move, Private banking
The firm has appointed David Lim as private banking head for south-east Asia. He succeeds Wilfred Kofmehl, who steps down to focus on key client relationships. Asiamoney.com interviews regional CEO Thomas Meier on the move and the bank's growth plans.
Wealth management merry-go-round: Asia update

08 Mar 2010 Market move, Private banking
Hiring activity has been rampant in Asia’s wealth management markets over the past six months. Asiamoney.com sums up the key industry moves.
Investment bank Nomura reshuffles global deck

08 Mar 2010 Investment banking, Market move
Nomura revealed a series of management appointments today in an organisational reshuffle. It includes promoting Hiromasa Yamazaki to global markets CEO as well as Rachid Bouzouba to co-head of global equities.
New Nomura banking chiefs eye Asia growth

07 Mar 2010 Investment banking, Interviews, Market move
Eighteen months after the Japanese bank bought the regional assets of Lehman Brothers, Colin Banfield and Patrick Schmitz-Morkramer, the joint-heads of investment banking for Asia ex-Japan, outline their strategy and growth ambitions.
Citi hires corporate banking director in Australia

05 Mar 2010 Investment banking, Market move
The US bank has appointed Brett Hamner as director in its corporate banking team for Australia, according to an internal memo. He joins from Deutsche Bank, where he had been head of corporate banking in Australia.
BoA-ML hires senior Deutsche debt banker

04 Mar 2010 Bonds, Loans, Market move
Bank of America-Merrill Lynch has hired Michael Luk from Deutsche to be head of Asia-Pacific debt capital markets. He quit the German bank last week. Rick Stoddard is rumoured to be taking a senior financing role within BoA-ML.
SocGen hires equity strategist in Asia build-out

04 Mar 2010 Stock & exchange, Broking, Market move
Société Générale has named Todd Martin as Asia-Pacific equity strategist, based in Hong Kong. He was most recently head of alternative trading strategies at CLSA. It is part of a drive to develop its global equity and flow franchise in Asia-Pacific.
RBS Coutts moves global joint CIO to Asia

03 Mar 2010 Market move, Private banking
The international private banking arm of the Royal Bank of Scotland said it had relocated global co-chief investment officer Nick Cringle to Hong Kong. Manfred Liechti also started in Singapore this week as its market head for south-east Asia.
UBS hires FICC co-heads for Asia, say sources

02 Mar 2010 Investment banking, Bonds, Foreign exchange, Market move
The bank is believed to have hired Thomas Siegmund from Nomura and Shahryar Mahbub from Citi to co-head fixed income, currencies and commodities for Asia ex-Japan. It is seen as part of a build out to catch up rivals.
Nomura appoints senior banking duo in India

02 Mar 2010 Investment banking, Bonds, Loans, Foreign exchange, Market move
The firm named Nipun Goel head of investment banking for India and Nitin Jain co-head of fixed income for India. Goel joins from BoA-ML in India, while Jain was most recently CEO of the primary dealership at ICICI Securities.
Credit Suisse in Asia private banking reshuffle

01 Mar 2010 Market move, Private banking
The bank names Werner Schlossmacher head of investment solutions for south-east Asia and Australasia in a reshuffle, adding to his role as head of structured derivatives. He succeeds Christian Senn as the bank pushes into the ultra-high-net-worth segment.
BarCap confirms appointment of Johan Leven

01 Mar 2010 Investment banking, Market move
Barclays Capital announced today it had appointed former Goldman Sachs veteran banker Johan Leven as co-head of corporate finance for Asia-Pacific in a move first reported by asiamoney.com.
Crédit Agricole promotes veteran

01 Mar 2010 Structured products, Bonds, Market move
The bank has named Laurent Baumgartner regional head of interest rate derivatives trading for Asia ex-Japan in what it describes as a well-deserved promotion, having been with the firm for 15 years.
Goldman veteran Leven set to join BarCap

26 Feb 2010 M&A, Investment banking, Market move
Barclays Capital is set to name Johan Leven as its head of regional corporate finance in Asia, asiamoney.com understands. The former co-head of regional M&A at Goldman returns after five months out of the industry.
Cautious growth seen in hiring, salaries this year

26 Feb 2010 Investment banking, Nations & economies, Market move
Recruitment firm Robert Walters says hiring and salary levels in Asia’s financial services industry will begin to rise again this year as economies continue to recover. But companies are also expected to change their compensation structure.
HSBC appoints co-head in Islamic finance

26 Feb 2010 Islamic finance, Market move
The bank has named William Ross co-head of Islamic finance in global markets as it strives to increase its footprint in the sector. It has yet to appoint another co-head, but has forecast that Islamic assets could reach US$1 trillion this year.
DBS confirms head of global transaction services

23 Feb 2010 Cash management, Market move
The Singaporean bank has appointed Tom McCabe from StanChart as head of global transaction services. He succeeds Pranam Wahi, who is being transferred to be Middle East head for DBS Bank, effective from March.
Market praises UBS’ move to unite DCM teams

22 Feb 2010 Investment banking, Bonds, Loans, Market move
Observers say the bank’s move to unite debt origination businesses in Asia is smart and will boost revenues. UBS has made a number of DCM appointments in the region, according to an internal memo seen by asiamoney.com.
BarCap names O’Sullivan as head of equity research

22 Feb 2010 Stock & exchange, Investment banking, Broking, Market move
The investment bank has appointed Stephen O’Sullivan as head of equity research for non-Japan Asia, based in Hong Kong. He joins from Macquarie Securities in a move that first reported by asiamoney.com back in November.
Citi reveals raft of India equities hires

22 Feb 2010 Stock & exchange, Investment banking, Market move
The bank has bolstered its Indian equities business with nine appointments in the past few months. They include Keshav Sanghi as deputy head of equities for India and Richard Macfarlane as head of execution services.
ANZ hires private banking head in Singapore

19 Feb 2010 Market move, Private banking
The firm has hired Jens Rzesacz as head of its private bank for south and south-east Asia. He returns to the market after a year following his departure last February from Deutsche Bank Private Wealth Management.
StanChart Private Bank makes senior North Asia hires

19 Feb 2010 Market move, Private banking
Standard Chartered Private Bank has appointed Stella Kong as head of relationship management for China, and Trevor Mak as head of relationship management for Hong Kong, asiamoney.com can reveal. Both started this week.
Julius Baer hires IT head in Singapore

18 Feb 2010 Market move, Private banking
The private bank announces the appointment of Eddy Tai as head of information technology for Asia and the Middle East. It said that the move signified the importance of the city-state as a hub to propel its regional growth.
BoA-ML names India wealth management heads

05 Feb 2010 Asset management, Market move, Private banking
The bank has named Pradeep Dokania as chairman of global wealth and investment management India in a new role. He is replaced by Atul Singh as head of India advisory as the bank strives to expand in the country.
Citi set to announce Distelbrink replacement

05 Feb 2010 Cash management, Project finance, Market move
The US bank is poised to announce a replacement for Ivo Distelbrink, its recently departed Asia head of treasury and trade solutions. He has joined BoA-ML, which also this week unveiled the appointment of Rick Maloney.
RBS Coutts hires SE Asia market head from UBS

05 Feb 2010 Market move, Private banking
The international private banking arm of RBS has hired Manfred Liechti from UBS as market head for south-east Asia in Singapore. The firm has added over 60 staff in Singapore and Hong Kong since suffering an exodus.
BarCap expected to capture Jeremy Norris

05 Feb 2010 Stock & exchange, Investment banking, Market move
The investment bank is expected to name Jeremy Norris as its Asia head of equity sales trading, asiamoney.com understands. It would be a coup for the firm, with him returning to the industry after a nine-month break.
HSBC targets growth in Asia asset management

04 Feb 2010 Asset management, Market move
The bank has hired Julie Koo as regional head of institutional sales as part of an expansion drive. It is seeking to build its team of 15 to 20 to capture institutional business, particularly in Japan and Taiwan.
Daiwa, BoA-ML make senior equity derivatives hires

04 Feb 2010 Structured products, Market move
Underlining the race for talent, Daiwa has recruited Adam Cowperthwaite as its head of equity derivatives sales for Asia ex-Japan, while Rajesh Melwani is set to join BoA-ML as head of equity derivatives sales for Asia-Pacific.
Senior China banker in split with Sarasin-Rabo

29 Jan 2010 Market move, Private banking
Stella Kong has parted company with Sarasin-Rabo in acrimonious circumstances, asiamoney.com has learned. She had spent almost two years as its vice-chairwoman, Greater China, and is now rumoured to be joining Standard Chartered.
ING’s asset management arm names Asian CIO

29 Jan 2010 Asset management, Market move
ING Investment Management has promoted Pranay Gupta as chief investment officer for Asia-Pacific, based in Hong Kong. The asset manager falls under the insurance group of businesses that ING has vowed to divest by 2013.
Rapid rush back to prime broking prompts warning

28 Jan 2010 Hedge funds, Investment banking, Market move
The revival of Asia’s hedge fund industry has boosted the fortunes of prime brokers. But market participants say the rapid rush to expand in this area might backfire, given that the speed of recovery remains uncertain.
J.P. Morgan bolsters equities team in Hong Kong

27 Jan 2010 Stock & exchange, Market move
Gordon Crosbie-Walsh is returning to Hong Kong to join J.P. Morgan’s equity syndicate desk next month, asiamoney.com understands. It will be his second stint in the city, having worked there previously for 14 years.
Nomura names co-head of Asia bank research

27 Jan 2010 Stock & exchange, Broking, Market move
The Japanese bank Nomura has appointed Lucy Feng as managing director and co-head of regional bank research for Asia ex-Japan. She joins from Deutsche Bank, where she worked in a similar role.
Deutsche targets growth in trade and export finance

27 Jan 2010 Nations & economies, Project finance, Market move
The German bank has hired Paul Gardner from RBS as its Asia-Pacific head of structured trade and export finance, based in Singapore. It also expects to announce more appointments soon in an area it views with optimism.
BNP Paribas adds trio in Korean equities

26 Jan 2010 Stock & exchange, Market move
The French bank has hired Eric Yun as head of domestic sales, Jay Koo joins as head of international sales, and Joon Park as head of sales trading. It comes as the bank continues to beef up its Korean securities business.
BNY Mellon targets regional broker-dealer segment

26 Jan 2010 Stock & exchange, Asset management, Market move
The US-based financial services firm adds David Brown as vice-president for broker-dealer global sales in its Hong Kong office. He will be responsible for selling the firm’s broker-dealer capabilities to clients in Asia-Pacific.
US-based asset manager makes Hong Kong hire

25 Jan 2010 Asset management, Market move
American Century Investments named Elizabeth Trinh from Macquarie Bank as vice-president in its Hong Kong office. The firm is striving to build up its Asian presence.
BoA-ML makes senior rates and currencies hire

25 Jan 2010 Foreign exchange, Market move
The US bank has taken on Vinit Sahni from Goldman Sachs as regional head of flow rates and currencies sales. He will also be global head of hedge fund and central bank sales for rates and currencies.
HSBC names Anita Fung in expanded role

25 Jan 2010 Private equity, Investment banking, Asset management, Market move
The bank appoints Anita Fung as its Asia-Pacific head of Global Banking and Markets in what is a newly formed role. She will take care of regional corporate and investment banking, as well as asset management.
BNP inks Taiwanese asset management JV

24 Jan 2010 Asset management, Market move
The asset management arm of BNP Paribas has signed a deal with Taiwan Cooperative Bank to form a joint-venture company. The match appears to be a promising one as the island’s financial markets continue to develop.
Demand for derivatives bankers hots up

21 Jan 2010 Stock & exchange, Structured products, Market move
After two years of sitting on the sidelines, structured products bankers are back in vogue, with institutions increasingly looking to bulk up. Smaller firms will need to get their skates on if they want to attract the top talent.
Eleven quit RBS in Australia to join BoA-ML

20 Jan 2010 Commodities, Bonds, Foreign exchange, Market move
RBS saw 10 fixed income traders, sales staff and a personal assistant quit its Sydney office today (January 20). Led by managing director Chris Thomas, all are set to join BoA-ML in May, asiamoney.com can reveal.
India’s Avendus hires Kapadia as private wealth head

19 Jan 2010 Market move, Private banking
Financial services firm Avendus Capital has appointed Nikhil Kapadia from Deutsche Bank to be chief executive of its private wealth management business. He returns to Mumbai after less than a year in Singapore.
BNY Mellon names head of Taiwan depositary receipts

19 Jan 2010 Stock & exchange, Asset management, Market move
The financial services firm has hired Frances Ni to run its depositary receipts business in Taiwan. The appointment comes after the bank tipped Asian issuers to continue dominating the depositary receipt industry this year.
BarCap adds regional head of equity sales

19 Jan 2010 Investment banking, Market move
Barclays Capital names Anthony Davies as a managing director and head of equity sales for non-Japan Asia. He will be based in Hong Kong and joins from Merrill Lynch, where he was head of Pacific Rim equity distribution.
Veteran Harvey set for Credit Suisse return

19 Jan 2010 Asset management, Market move
The firm has appointed its former investment banking head Neil Harvey as managing director in charge of Asia-Pacific and emerging markets globally for its asset management business, effective from February 1.
Citi surprises market with Morrison appointment

18 Jan 2010 Investment banking, Market move
The US bank names former Morgan Stanley chairman and CEO Alasdair Morrison as senior advisor for its Asia business in a newly created role. He has been tasked with helping to drive expansion in its regional investment banking business.
Credit Suisse adds to Asia prime services business

18 Jan 2010 Hedge funds, Market move
The Swiss bank announced it had hired Deborah Lee as a director in its Asia-Pacific prime services business. She joins from Goldman Sachs, where she had a similar role.
Recruiter Sirius Partners opens its doors in Asia

18 Jan 2010 Investment banking, Market move
The financial recruitment firm believes it can seize market share in an increasingly crowded space as the region’s investment banking industry grows at a rapid clip.
Asia expansion sees Houlihan Lokey hire Chen

14 Jan 2010 Investment banking, Market move
US boutique investment bank Houlihan Lokey has named Bing Chen a Hong Kong managing director for financial advisory services. It says it is aiming to increase its China presence strongly as part of a regional expansion.
StanChart Private Bank appoints global head of trust

13 Jan 2010 Market move, Private banking
Standard Chartered Private Bank has named Mark Jackman as global head of its trust and fiduciary business. Previously he was Asia head for Rothschild Private Banking & Trust.
Deutsche hire points to optimism over securitisation

13 Jan 2010 Securitisation, Market move
Deutsche Bank names Sal Mirran as head of residential mortgage-backed securities for Asia-Pacific. He told asiamoney.com he sees potential for securitisation in the region because of its demographics, growth prospects and housing fundamentals.
UBS Wealth Management hires Vinay Gandhi

12 Jan 2010 Market move, Private banking
The Swiss bank has appointed Vinay Gandhi to run its non-resident Indian business out of Singapore. He joins after a very short stint at J.P. Morgan Private Bank, which only announced his hire last November.
J.P. Morgan Private Bank to relocate global head to Asia

12 Jan 2010 Market move, Private banking
Doug Wurth is set to relocate from New York to Hong Kong as head of international private banking for J.P. Morgan. The move follows an unsettling period for the US private bank, which has had several regional departures.
Julius Baer picks up Lee from UBS in Singapore

11 Jan 2010 Market move, Private banking
The Swiss wealth manager announces the appointment of Lee Boon Keng as managing director and joint-head of its investment solutions group in Singapore. He came from UBS, where he worked for just three months.
Nomura names regional investment banking heads

11 Jan 2010 Investment banking, Market move
The bank has made Patrick Schmitz-Morkramer and Colin Banfield heads of investment banking for Asia ex-Japan. They succeed Glenn Schiffman, who moves to New York as the firm’s head of investment banking for the Americas.
UBS names Marx as country team head in Singapore

08 Jan 2010 Market move, Private banking
The Swiss bank has hired Reto Marx as country team head for south Asia ultra-high-net-worth business in Singapore. He starts in May, having parted company with Sarasin in October as its south-east Asia head.
CLSA hires investment banker Lai from SocGen

07 Jan 2010 Investment banking, Market move
Paul Lai started this week as head of Hong Kong and Greater China investment banking at CLSA. He quit Société Générale late last year and is a former head of Hong Kong investment banking at HSBC.
RBS hires head of Asia-Pacific retail structuring

07 Jan 2010 Structured products, Market move
The Royal Bank of Scotland has appointed Richard Harman to manage its regional teams selling structured products to retail investors. He joins from Citi, where he spent nine years based in Hong Kong and Tokyo.
Credit Suisse bolsters Asia-Pacific fixed income business

06 Jan 2010 Bonds, Broking, Market move
The bank makes two senior appointments in Hong Kong, re-hiring Atsushi Mizuno from Bank of Japan and relocating Bunt Ghosh from London. It is striving to grow its fixed income teams in the region by over 20% in 2010.
Gammons quits Citi to join BoA-Merrill

05 Jan 2010 Private equity, Market move
Veteran private equity banker Chris Gammons is set to join Bank of America-Merrill Lynch in March as head of its financial sponsor business for Asia-Pacific ex-Japan. It is widely regarded as a coup for the bank.
Macquarie Securities names new faces in bold India bet

04 Jan 2010 Broking, Market move
The equities broking arm of Macquarie Group has announced three senior equity sales and research appointments in Mumbai as it takes a bullish view on the nation’s economy and strives to boost its local footprint.
SocGen names new head of global markets for China

04 Jan 2010 Commodities, Bonds, Foreign exchange, Market move
Société Générale appoints Yang Duan to replace Gilbert Tse, who recently moved to Lyxor Asset Management. Yang joins from Standard Chartered, where he was head of China sales and fixed income.

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