The German bank has made four hires from ING Barings following the appointment yesterday of Jeffrey Chung as head of the firm's Asian General Sales team.

Reporting to Chung, will be David Nichols, a former ING Barings executive, who steps into the role of vice president Asian Sales Trading. May Tsang and Ricky Lo, formerly sales traders at ING Barings, also join the company as vice presidents of Asian Sales Trading.

Based in Hong Kong, they will both report to Daniel Miller, Head of Sales Trading.

Jeffrey Ho, the fourth Barings hire, takes the position of senior cash trader, reporting directly to head of Cash Trading, Asia-Pacific, Warren Primhak. Ho was previously of dealing for Hong Kong at ING Barings.