Bear Stearns has hired Andrew Suh, managing director and head of equity derivatives marketing for Korea at Citigroup in Hong Kong, in a new role as a senior managing director in the structured equity products group in Hong Kong, to push into the growing Korean market. "We've built up a strong business in Hong Kong, Singapore and Taiwan and now want to leverage our platform," said Edward Ho, senior managing director and head of structured equity sales in Hong Kong. He noted the firm has additional hires in the works, declining comment on numbers. Last year the firm built out its equity derivatives business—centered in Tokyo—by hiring a team from Merrill Lynch to set up a desk in Hong Kong (DW, 3/18/05).
James Griffiths, spokesman at Citi, did not return messages by press time.
