US investment bank Bear Stearns has confirmed that it has hired Darius Yuen as a senior managing director and head of equity capital markets for Asia, based in Hong Kong. This comes a day after FinanceAsia reported that Yuen had resigned from his former job as co-head of regional equity capital markets at BNP Paribas.
He will join his new employer in May.
This is a new role at Bear Sterns, which is in the process of building an ECM franchise in Asia, and Yuen will be reporting directly to John Moore who was appointed as the bankÆs first Asia CEO in September last year.
The Wall Street bank has worked on a few...
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