Henderson names Singapore retail head, Gaw hires US president, StanChart creates RMB coverage team, Coutts hires China desk head
Tag : rbs
The bank agrees to buy back equity-linked notes issued to retail investors between July 2007 and May 2008.
The US Federal Reserve's exit from quantitative easing won’t spark emerging-market panic, as monetary tightening once did in 1994, believe investors, economists and analysts.
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With an RMB clearing bank about to be established in Taiwan, industry players reflect on the potential opportunities and how they believe the market will grow.
William Egan joins as head of mandate sales for prime services in Asia, with more hires expected. He was Barclays’ head of FX prime brokerage and OTC clearing in Singapore.
The bank's niche fixed income and FX-focused platform will target macro, fixed income and foreign exchange hedge funds.
The private bank further boosts its Asia products and services team with a Credit Suisse exec, and is hiring in compliance and risk. But there have been recent departures too.
The newly created role signifies the UK bank's push into the crowded Asian prime brokerage market.
The bank has made major lay-offs in institutional and retail equity sales and structuring in the region, amid whispers it plans to shut its equities and corporate finance units globally.
Garry Frenklah, head of South Asia private investor products sales, has left along with several sales execs and structurers. New equity product sales staff have been recruited.
Not enough offshore RMB issuance? Income Partners works with investment banks to target potential issuers and build a tailored portfolio. Raymond Gui joins from CCBI to run the new portfolio.
Foreign institutions have hit their investment limits for corporate and government bonds in India, according to RBS, but those thresholds are likely to rise.
