Nomura Securities has brought aboard Timothy Tsang, Asian head of private investor distribution at ABN AMRO in Hong Kong, in a new role as head of the private bank and investment advisory in Hong Kong, according to officials at the firm. Joey Wu, spokeswoman at Nomura in Hong Kong, did not return messages by press time. Tsang, who left ABN in June (DW, 6/17), was traveling and could not be reached.
The hire is seen as part of a renewed push into the Asian derivative markets, as Nomura kicked off a wave of hires in recent months, for instance reeling in staff from Merrill Lynch in Hong Kong to launch a fund derivatives business (DW, 4/8).
