
SG to focus on equity derivatives in Asia
Instead, SG will concentrate on its equity derivatives activities, such as warrants and capital guaranteed products. The bank will also maintain its securities licences and execution capabilities in Hong Kong, Singapore, Taiwan, Korea, India and Thailand, and will close none of its offices in the region.
The bank said that its debt finance capabilities, including securitisation, asset finance, debt capital markets, fixed-income and derivatives, as well as M&A, private placement and futures broking, will remain unchanged.
"SG will pursue its ongoing strategy as a corporate and investment bank in Asia-Pacific, as it is in the rest of the world," said Michel Macagno, chief executive Asia-Pacific at SG. "We are maintaining our presence throughout the region with the view to continue providing our clients with a wide range of innovative and integrated financial solutions in its key areas of strength."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net