north asia

Hong Kong-based Christina Ma replaces Dai Kitamura, who will leave the bank in November after extended leave.

The complementary nature of loans and bonds enables issuers to improve their bargaining power, lowering overall funding costs.

Western Asset remains loyal to selective emerging Asia bonds despite recent outflows, with a bias towards North Asia credits, while avoiding frontier markets such as Mongolia.

Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.

Former Goldman Sachs banker Rickie Chan joins Barclays as part of the growth strategy for its North Asia business.

Swiss private bank Clariden Leu has appointed Raymond Chung and David Louie as new co-heads of North Asia to replace Christopher Burgess.