As we await Credit Suisse’s first quarter profit announcement later today, the bank has made a major appointment in Hong Kong.
Tucker Highfield is the Swiss bank’s new head of equity syndicate in Asia ex-Japan. He was previously head of equity capital markets for Southeast Asia and has been with Credit Suisse since 2004.
Credit Suisse ranked fifth in the ECM league tables for Asia ex-Japan in the first three months this year. It is forecast to report an increase in first-quarter net profit, supported partly by a rise in sales and trading revenue from its investment bank.
Highfield isn’t the only new syndicate head in Asia. Ashish Malhotra was promoted by Bank of America Merrill Lynch in March to head of debt capital markets for Asia, only to join Standard Chartered earlier this month as its new boss of syndicate Asia.
Asian equities (Asian Banking & Finance)
CIMB focuses on equities for growth.
India head (Asian Banking & Finance)
Standard Chartered names Sumit Choudhary as head of emerging companies research, India.
Pull out (Sydney Morning Herald)
Analysts say Australian insurer QBE should pull out of the US.
Visa wars (WSJ)
Face-off on visas pits US against India.
HSBC has a new word for firing people.
Long day (Daily Muse)
Survival tips for the all-day interview.