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People Moves: Credit Suisse strengthens China research team; HSBC to relocate bankers to HK
Credit Suisse bolsters A-share research team. Li Chen, an Institutional Investor-ranked portfolio strategist, is among the six new hires Credit Suisse made to bolster it’s A-shares research team.
Prior to joining Credit Suisse, Li spent five years at UBS, serving various key roles including head of China equity strategy. Before that, he was head of research for one of China’s largest mutual funds, the Harvest Fund. He will report to Vincent Chan, Credit Suisse’s head of China research, and he will continue to be based in Hong Kong. Finance Asia
HSBC bankers move to Hong Kong. Agustin Gargallo, a New York-based director for HSBC’s emerging markets debt syndicate, is set to relocate to Hong Kong amid a massive reshuffle within the British firm’s debt syndicate unit. Also set to head to Hong Kong is Alison Chan, a London-based associate within the bank’s EMEA corporate and structured syndicate team.
The two of them seem to have spent most of their careers at HSBC, although Gargallo joined the firm following a two-year stint at Goldman Sachs Asset Management. They will both report to Carla Goudge, head of debt syndicate, Asia Pacific. Reuters
For Asset Management moves, click here.