The Singapore arm of the Malaysian bank is preparing to launch a structured products capability, with issuance expected as early as the next three months, as it targets retail, private banking and corporate clients..
Hong Leong Bank Berhad’s Singapore branch (HL Bank Singapore) is gearing up to enter the structured product issuance business, with the hire of a former Oversea-Chinese Banking Corporation (OCBC) veteran to lead the build-out of the new desk. The bank is looking to issue structured products targeted at retail, private banking and corporate investors in Singapore within the next three months Say Ping New (pictured) joined HL Bank Singapore last month as head of structured solutions, a