HK SFC enforcement head 'an odd choice'; China Post Global acquires RBS ETF range, team; Jupiter shuffles in Asia sales; BSI names HK CEO; and Sanctum Wealth hires first CIO.
The risk of global contagion is higher than ever, argue market strategists, with UK bank RBS suggesting the only safe place to be is high-grade bonds.
Savills IM names Asia AM chief; Sanctum plans hires after RBS deal; HK SFC names interim enforcement head; Robeco gets new chairman and CEO; and BBH names new global boss.
Esther Heer's exit from the private bank comes following its recently agreed acquisition by Brazilian investment bank BTG Pactual.
BNPP IP poaches from Harvest, AMP Capital undergoes reshuffle, ADS Securities opens in HK, Standard Life sets up Asia advisory board, Jones Lang LaSalle launches Xi'an branch.
The Royal Bank of Scotland will not face any disciplinary action from local authorities after it agreed to repurchase Lehman-linked equity notes sold to professional investors at 100%.