Standard Chartered makes two key equities hires

The bank appoints Richard Stone as head of global cash equities sales trading in Hong Kong and Kim Yong Kook as head of cash equities in Korea, as part of the ongoing expansion of its equities business.

Standard Chartered Bank continues to grow its cash equities business in Asia and has hired Richard Stone as global head of cash equities sales trading and Kim Yong Kook as head of cash equities in Korea, it said in a statement yesterday.

Stone joined the emerging markets-focused bank in Hong Kong on May 10 and Kim took up his position in Seoul a week earlier. Both men report to Tim Andrew, global head of cash equities.

Stone has a mandate to expand the bank's cash equities platform in the region. He is a 20-year industry veteran who had been in semi-retirement since May 2005 when he left his position as global head of...

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