Fresh from receiving a licence to trade equities and derivatives in Korea and more than doubling its local headcount in the past year, Société Générale is eyeing strong expansion.
Many Asian life firms missed Japan’s stock rally, but are mulling boosting exposure now with embedded downside protection, and fund houses are also eyeing capital protection, says Société Générale.
Panellists at AsianInvestor's debt investor forum last week debated this and other concerns facing institutions and wealthy individuals in terms of their fixed income exposure.
As the buy-side shifts to electronic trading for low-touch orders, banks' program trading desks are redefining themselves to assume more of a hand-holding role.
Bank compliance and legal counsel officers raise serious doubts over how new regulatory rules to curb rogue algo trading would be applied and who would potentially be held liable.
Hsiao-Yun Lee, who has been building an onshore private banking business for SG in China since 2007, becomes CEO and reveals a plan to expand the team.
The general accounts of Hong Kong-based life insurance companies can take advantage of ideas originally generated for wealthy individuals, argues Societe Generale.