rbs-hires-ted-tsao-to-head-institutional-equity-derivatives-sales

RBS hires Ted Tsao to head institutional equity derivatives sales

Royal Bank of Scotland is growing its equity derivatives business to compete for institutional clients in the region.

Royal Bank of Scotland has hired Ted Tsao to fill a new position as head of institutional equity derivatives sales. Tsao was previously the regional head of institutional marketing in Citi's equity derivatives team, but lost his job at the height of the crisis last year. He was replaced at Citi by Steven Choe, who was promoted from within the equity derivatives team.

RBS has concentrated on building its retail derivatives business in Asia during the past few years, but is now making a push into the institutional market. This is a strategic hire as RBS continues to grow its market share in institutional equity derivatives products in the region, said Peter Irvine, head of...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222