"We seriously believe this market will grow in the region and the regional diversity makes it compulsory to have strong local structuring capabilities," said Michel Labrousse, senior executive officer in Hong Kong. Previously credit structuring for Asia was facilitated out of the Paris headquarters. Labrousse said a handful of staff will join the credit structuring desk in the coming weeks for the expansion.
Additionally, Sharon Lin, convertible bond trader at JS Cresvale Securities in Hong Kong, joins as a v.p. for equity derivatives sales for Taiwan in Hong Kong, noted Labrousse.