In a sign that firms in the region are beefing up their fixed income research capabilities, there has been a raft of changes in the industry.
In the most recent move, Damien Wood has left ING, where he ran regional credit research in Hong Kong, to join CSFB. Wood will relocate with CSFB to Singapore where he will run a five-person team. He will take the title of head of credit research, but will continue to focus day-to-day on bank credit research as well as strategy.
Meanwhile, his former colleague at ING, Tony Watson, has joined Morgan Stanley where he will write high-yield credit research. Morgan Stanley is...
