execs

GSAM hires someone to cover institutions but must find a replacement for departing business head Phil Gardner.

Two former Salomon Smith Barney executives set up a hedge fund management company in Singapore.

Meanwhile the insurer has partnered with Baring Asset Management to introduce unit-linked funds.

The battle among investment banks for talented technology bankers is red hot. Salomon Smith Barney has snapped up two new bodies to build up its tech banking group.