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Dispatches: Haitong Securities aims high

Haitong Securities is aiming to become a leading investment bank. The Shanghai-based firm hopes its integration with Taifook Securities will help it achieve its target. (Finance Asia)

The veteran head of JPMorgan Chase’s South Korea operations has been questioned by local investigators probing insider trading allegations. (Financial Times)

The private banking division of Westpac plans to double its revenues and staff in Southeast Asia in five years, riding on continuing strong growth in the region, a senior Westpac banker said. Westpac currently has 10 relationship managers and five other front-line staff serving more than 2,000 clients in Southeast Asia concentrated in Singapore, Malaysia and Indonesia. (Business Spectator )

Credit Suisse is moving a senior banker, who led its global structuring group in fixed income in New York, to a new role in asset management in Singapore. Sudip Thakor, who will be initially based in New York as head of global emerging markets products in the asset management division, will move to Singapore in his new role next year. (Reuters)

Deloitte, one of the Big Four audit giants, has a new country leader here after the incumbent, Mr Chaly Mah, decided to focus on his more senior regional roles. (Asia One)

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