Barings hires new HK/China equities head, Loomis Sayles appoints EM head, AMP Capital makes changes, Bosera PM arrested, sell-side moves at Morgan Stanley and JP Morgan.
Tag : morgan stanley
The bank's move to sell its India and Emea wealth units may make sense short-term, but could create larger exposure to domestic and Pacific Rim shocks, says Scorpio Partnership.
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Following his exit from Morgan Stanley, Ashley Jarvis will take on a newly created role as head of global prime brokerage consulting at Bank of America-Merrill Lynch.
The firm appoints Scott Greenberg from Morgan Stanley as the first Asia representative of its global capital markets team. He will target primary equity and debt investment opportunities.
Calvin Ho cannot re-enter the industry until May 2014, following an investigation into his conduct while at the US bank related to clients' securities accounts.
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Meanwhile, Credit Suisse retains its reputation as the most-trusted broker of Asian equities, according to AsianInvestor's survey of buy-side equity traders.
Layoffs of transition management chiefs continue in Asia, underlining the problems faced by this business worldwide.
