HSBC establishes Singapore ECM

One of Asia''s longest-serving equity hands is re-locating to Singapore to boost the bank''s presence in South East Asia.

Tim Lambert, HSBC's current Hong Kong-based director of equity syndicate will move to Singapore in January to establish ECM and equity syndicate operations in South East Asia.

His appointment fits in another piece of the jigsaw for the bank's Singapore-based operations, which already house an established corporate finance and securities broking presence. In a wider sense, the move also underlines HSBC's continuing integration of its investment banking and global markets divisions.

Many houses have also recently been seeking to their improve coverage of Singapore, which is expected to provide many of next year's headline grabbing equity transactions as the government's privatisation process begins to accelerate.

Lambert will continue...

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