The Monetary Authority of Singapore (MAS) has named Ravi Menon as its new managing director. He replaces Heng Swee Keat who is leaving administrative service.
Morgan Stanley has named Wei Sun Christianson and William Strong as co-heads of Asia to replace outgoing Owen Thomas.
HSBC Global Asset Management has named Patrice Conxicoeur as global head of insurance coverage, and Julie Koo as head of institutional business Asia-Pacific. The moves come as part of a wider reorganisation of the unit.
Asia became the largest exchange-traded derivatives contracts market for the first time last year. It now holds top spots in terms of contracts volumes for equity, metals and foreign exchange products.
Goldman Sachs has promoted Brooks Entwistle to head South-east Asia operations at the firm and named Sonjoy Chatterjee, who joined the US bank last year after 16 years at ICICI Bank, to replace Entwistle as its new India chairman
The US bank has hired Brian McCullough to bolster its Asia capital and liquidity optimisation client services, at a time when regulators are demanding more liquid assets while reducing their fungibility across borders
Two keynote speakers at a transition management event in Hong Kong today warned that the costs of a failed asset transition far outweigh any potential efficiency gains and outperformance from a successful transition.
Bank of America Merrill Lynch has conducted what is believed to be the first currency swap in China with a corporate client after Safe gave the green light for such transactions to start trading on March 1.
Appointment highlights that Bank of America Merrill Lynch views the Asia-Pacific region as one of the most compelling growth opportunities for its business, the US bank says.
Julius Baer said the appointment of a chief risk officer for Asia and the Middle East reinforces the Swiss private bank's commitment to growth in the region.
Union Bancaire Privée has hired Stephan Repkow as its chief executive for Asia as the bank places the Asia-Pacific at the heart of its development plans.
Barclays Capital has hired Adrian Valenzuela to to head equities liquid markets distribution, including equity flow derivatives, in Asia.
JP Morgan has appointed Muhammad Aurangzeb as chief executive of its global corporate bank for Asia-Pacific in a bid to grow its wholesale banking business in the region.
As the hedging market for freight becomes more liquid, container freight options are likely to play a greater part in the composition of trade prices between exporters and importers, according to Brian Dempsey, a director at Kerry Logistics.
Singapore Exchange has recruited Michael Syn as its first head of derivatives in a bid to bolster its trading business.
Institutional investors in Asia have some way to go to meet on-going regulatory requirements as set out by Dodd-Frank, the European Commission and other initiatives aimed at mitigating risks inherent with over-the-counter derivatives, a BNY Mellon survey...
The local touch
Eun-Soo Chung has secured the top job at Kyobo Axa Investment Managers with Arnaud Carcel acting as his deputy following a shake up at the investment company.
Edhec plans to carry out research on the uses of derivatives instruments for portfolio management in Asia from its new Singapore office.
Citi and HSBC have newly established family office units in the region just weeks after similar moves by Credit Suisse and UBS.
Morgan Stanley has made a senior appointment in mainland China and received permission to trade agricultural products onshore in the country as part of the US investment bank’s efforts to grow its commodity business in the world’s second largest economy.