Ken Sue, head of the investment products group for Asia at Deutsche Bank and a veteran of the Hong Kong equity derivatives market, will be retiring later this summer. Sue, who built up the investment products group following a reorganization last year (DW, 2/25/05) is seen as a top competitor by rival equity officials who were surprised by the move. An equity head at a bulge bracket firm said Sue has been a high-profile player in Hong Kong. He did not return messages by press time.
According to officials close to the firm, Sue will be relaxing in Australia following his departure. Jason Collins, spokesman in Singapore, declined all comment.