SG says au revoir to equities

On October 17, SG hired Fook Cheong Woo, Sean Lee and Kyle Shin to do respectively oils & petrochemicals, telecoms and technology research. In what must be regarded as a dreadful irony, SG's head of Asian research, Sriyan Pietersz said at the time of the hires: "It is always a pleasure to see talented individuals joining us."