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HSBC bolsters Asian team

HSBC has appointed Gary Hung as managing director and head of intermediaries, north Asia in Wealth Management Sales, Global Markets.

CIMB offers dented banks

Malaysia's CIMB, has launched the Rebound FRNID (floating-rate negotiable instruments of deposit) product, which is designed to benefit from the potential rebound of four major global banks negatively impacted by the US subprime crisis: Citi, Merrill…

Merrill Lynch launches new carbon certificate in Europe

Merrill Lynch has launched a five-year certificate linked to companies with reduced carbon footprints set to benefit from the push for cleaner energy. The 100% capital protected certificate offers 100% participation and will track the bank’s proprietary…

Lehman Brothers launches new FX products in US

Lehman Brothers has launched three new principal protected notes (PPNs) in the US. Two of the products are currency-linked investments which allow investors to benefit from further weakening of the US dollar, while the third is based on a hard and soft…

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