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Asia/Australia
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Goldman's Special Situations Group Names New Global Head
By Reuters
05/01/2013 3:26:04 PM ET
NEW YORK (Reuters)—Goldman Sachs Group Inc. has named Julian Salisbury to become head of its Global Special Situations Group, as current head Jason Brown retires, according to memos sent on Wednesday [May 1] that were obtained by Reuters.
Noble Hires Evans to Bolster Base Metals Operations
By Reuters
04/29/2013 3:07:01 PM ET
NEW YORK (Reuters)—Goldman Sachs' former senior physical metals trader Scott Evans will join Noble Group as the Hong Kong-based commodity trading house expands its base metals operations.
Mr.
Zames' Star Ascends in Latest JPMorgan Shakeup
By Reuters
04/29/2013 11:00:34 AM ET
NEW YORK (Reuters)—JPMorgan Chase & Co. said on Sunday [April 28] Matt Zames will fully assume the role of chief operating officer as his former partner in the job leaves, which was part of the latest management shakeup at the biggest U.
SAC Capital Loses Staff in Hong Kong at Challenging Time
By Reuters
04/15/2013 10:48:39 AM ET
HONG KONG (Reuters)—SAC Capital Advisors, run by hedge fund titan Steven Cohen, has lost seven staff in Hong Kong and relocated five others there to New York and London, according to regulatory filings and people familiar with the matter.
The departures come at a challenging time for the firm, with investors in February submitting redemption notices to pull around $1.
Citigroup Taps Chang to Head Asia Pacific Prime Finance
By Reuters
04/15/2013 10:22:29 AM ET
HONG KONG (Reuters)—Citigroup Inc. has named Joseph Chang as head of prime finance in Asia Pacific, according to an internal memo obtained by Reuters on Monday [April 15].
RBS Japan Investment Bank Boss to Step Down
By Reuters
04/11/2013 3:25:35 PM ET
TOKYO (Reuters)—The boss of Royal Bank of Scotland's Japanese investment bank will leave RBS following investigations by Japanese authorities into interest rate rigging, a source familiar with the matter said on Thursday [April 11].
Japanese authorities could publish their findings as early as Friday [April 12], the source said, and Ryusuke Otani, chief executive officer at RBS Securities Japan, will step down at that time.
BofA Taps Ex-Morgan Stanley Exec as Asia Pacific Cap Intro Chief
By Reuters
04/02/2013 2:31:34 PM ET
HONG KONG (Reuters)—The prime brokerage unit of Bank of America Merrill Lynch has hired former Morgan Stanley executive Deepak Abraham as head of capital strategy in Asia Pacific, according to an internal memo seen by Reuters.
Bank of America's spokesman Mark Tsang confirmed the contents of the memo.
Goldman Senior Metals Trader Evans Leaves Bank
By Reuters
04/02/2013 11:49:02 AM ET
NEW YORK (Reuters)—Goldman Sachs' senior physical metals trader Scott Evans has left the U.S. investment bank in New York, becoming the second high-profile member of the physical base metals team to depart since mid-March, sources told Reuters.
Newedge Transferring Singapore Oil Accounts to Tokyo
By Reuters
03/26/2013 11:04:59 AM ET
SINGAPORE (Reuters)—French broker Newedge Group has consolidated operations in the Asia-Pacific region by moving its clients' accounts from the Singapore desk to Japan, the company said on Tuesday [March 26].
"Sebastian Pang — head of energy for Asia-Pacific — remains in Singapore," John Fay, the company's global head of commodities and currency, told Reuters.
Nomura Taps New CFO in Biggest Staff Reshuffle in 10 Years
By Reuters
03/05/2013 11:39:23 AM ET
TOKYO (Reuters)—Nomura Holdings Inc. replaced its chief financial officer and shrunk its line-up of senior managers as part of the Japanese brokerage's largest annual reshuffle in a decade.
Double Haven Hires Expedition's COO Bahra
By Reuters
03/04/2013 10:17:14 AM ET
HONG KONG (Reuters)—Double Haven Capital, one of the best performing Hong Kong-based hedge funds last year, has hired Expedition Advisors' chief operating officer Kam Bahra to help support growing investor interest in its credit funds, two sources said.
Mr.
Man Flagship Fund Gets New Boss After Poor Returns
By Reuters
02/19/2013 12:29:18 PM ET
LONDON (Reuters)—Man Group has appointed a new head of its struggling flagship hedge fund, as part of sweeping changes under incoming CEO Emmanuel Roman to revive investment performance and win back clients to the embattled hedge fund firm.
The reshuffle is the most significant change yet announced by chief operating officer Mr.
Legg Mason Board Meets to Discuss, Possibly Decide, CEO: Sources
By Reuters
01/29/2013 10:12:15 AM ET
NEW YORK (Reuters)—Legg Mason's board of directors is expected to meet Tuesday [Jan. 29] to discuss—and possibly decide—who will be its next chief executive officer, according to two people familiar with the situation.
Man Group Shakes Up GLG Unit
By Reuters
01/09/2013 11:39:26 AM ET
LONDON (Reuters)—Man Group is shaking up its GLG unit in a move that will see two senior managers leave, as chief executive-designate Emmanuel Roman looks to reverse the hedge fund firm's waning fortune.
The changes will see Karim Abdel-Motaal and Bart Turtleboom, who headed emerging market hedge funds at GLG, depart at the end of the month.
BofA's EMEA Prime Broking Head Leaving Bank
By Reuters
01/08/2013 1:47:12 PM ET
LONDON (Reuters)—Charlotte Burkeman, the EMEA head of prime brokerage at Bank of America Merrill Lynch, is leaving the firm, two sources told Reuters on Tuesday [Jan. 8].
Citigroup CEO Names New Executive Team
By Reuters
01/07/2013 1:12:24 PM ET
EDITOR'S NOTE: This story has been updated throughout.
NEW YORK (Reuters)—The new chief executive of Citigroup Inc. named two company veterans to lead its institutional and consumer businesses on Monday [Jan.
Source: Citi Private Bank's Hedge Fund Head Departs
By Reuters
12/19/2012 3:00:37 PM ET
LONDON (Reuters)—Citi Private Bank's global head of hedge fund investments, Frank Frecentese, has left the firm, a source familiar with the matter told Reuters on Wednesday [Dec. 19].
Man Group CEO Clarke to Step Down; Roman to Step Up
By Reuters
12/10/2012 3:42:27 PM ET
EDITOR'S NOTE: This story has been updated throughout.
LONDON (Reuters)— Peter Clarke, the chief executive officer of embattled hedge fund firm Man Group, bowed to growing shareholder anger over the slow progress of the company's revival plan and will hand over the reins to Emmanuel "Manny" Roman.
Senrigan Partner Leaves For Own Firm
By Reuters
11/26/2012 10:20:54 AM ET
HONG KONG (Reuters)—Kevin Kwong, a partner at Senrigan Capital, has left the Hong Kong-based hedge fund this month to start his own investment firm, sources with knowledge of the matter said, joining a growing number of spinouts from established companies this year.
Mr.
Ng Joins Standard Chartered's Oil Products Team
By Reuters
11/06/2012 11:11:57 AM ET
SINGAPORE (Reuters)—Veteran middle distillates trader Terrence Ng, who was previously with commodity giant Glencore, has joined British Standard Chartered Bank Plc's oil products team, the company said on Tuesday [Nov. 6].
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