The industry veteran had been in charge of Hong Kong’s listed structured product business since 2010.
Hong Kong-based multi-issuer platform Goldhorse has named a former EFG Bank executive as new CEO.
As HSCEI loses its aura, the Korean ELS market is attempting to embark on the local underlying to capture its momentum.
Six hundred and thirty-five structured products worth an estimated CNY1.5 trillion (US$203.7 billion) were added to the SRP China database in February.
There were 1,855 products issued in the retail segment in February.
The industry veteran was in charge of the UK bank’s equity derivatives (EQD) structuring and sales in the region.
A relationship manager in Singapore has been accused of misplacing client money into non-capital protected products, including structured products.
The FSS' latest investigation revealed that losses from HSCEI-linked ELS this year could reach KRW 5.8 trillion (US$4.4 billion).
The UK bank has launched a new structured note based on the outperformance of the Shiller Index against the S&P 500 Index targeted at investors in Asia Pacific.