Bank of China International, the investment banking arm of mainland giant Bank of China, is planning to bulk up its fixed income and equity operation in Hong Kong. Warren Kwan, head of equity derivatives, said he is preparing to hire around a total of five staff including marketers and traders. He is planning to wait until year end, however. "We're waiting until bonus season ends," said Kwan. "We want to hire multi-talented people that can look at such asset classes as fixed income, fx, equity and credit," he noted.
The current team of 11 handles such products as equity options, equity-linked notes and credit-linked notes.
