BNY appoints Credit Suisse executive, Eastspring taps retail sales head, PineBridge hires former BNY Mellon CEO, BNP names distribution head, Barclays poaches two from Nomura.
Tag : bny mellon
The US firm has hired Eugene Bang from Deutsche Bank in Seoul to replace Yoohee Won, who is set to join PineBridge Investments in Hong Kong on the business development side.
Stuart Guinness and Richard Collis have joined in Singapore and Hong Kong, respectively, as the fund house continues its regional hiring spree.
After hiring its Asia Pacific head of institutional distribution sales in Singapore, BNY Mellon will seek to further expand both its investor-base and headcount in the region.
The US firm is about to launch what it says is a first-of-its-kind separately managed accounts offering in Asia, and aims to partner with private banks.
New chairman reported for CIC, BNY snags BlackRock MD, JP Morgan's head of North Asia exits, Robeco promotes PM and PGI hires Prudential executive.
Agency broker ITG has been rolling out its FX transaction cost analysis product for Asia, developed with Eastspring as its primary beta client.
The US custodian says it may look into branching out from its traditional role as an agent lender, although there is no timeline for the move.
The firm points to strong investor appetite, largely from the US, to buy Indian equities through over-the-counter American depositary receipts.
The latest executive shuffle at the custodian bank sees it parting ways with Chong Jin Leow, who headed the bank's asset servicing business in Asia.
After leaving BNY Mellon last year, the fund services veteran has resurfaced at RBC Investor Services, with Brent Reuter set to move to the US.
BNY Mellon Investment Management continues its Asian hiring spree by poaching from HSBC to add another managing director to its distribution team.