Sykes returns to the fold

Rod Sykes has been appointed head of debt capital markets at ING Barings as the bank seeks to integrate its lending and investment banking operations.

After nine years at Morgan Stanley, Sykes returns to ING Barings where he has been appointed managing director and head of Asian debt capital markets. Based in Hong Kong, he will complement Robert Scholten, head of loans and Richard Lamb, head of securitization.

The Dutch bank views his hire as a next logical step in the integration its operations and use of greater balance sheet firepower in capital markets transactions. Although, for example, the investment banking operations of ING Barings and corporate lending activities of ING Bank have been merged, recent acquisitions - BBL Bank and BHS Bank - still operate separate credit lines in Asia.

Commenting on the bank's ambitions, Asian chairman David...

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