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Derivatives

ING Equity Head Resigns

ING Wholesale Banking's Edwin Bernard, Asian head of equity derivative product structuring in Singapore, left the firm last week, according to ING officials.

ING Wholesale Banking's Edwin Bernard, Asian head of equity derivative product structuring in Singapore, left the firm last week, according to ING officials. Reasons for his departure could not be determined by press time and Mark Newman, head of financial markets in the Lion City, did not return messages. Bernard was transferred to the region from Amsterdam in late 2004 to expand the equity derivatives business and push into new markets such as Malaysia (DW, 4/21). He could not be reached for comment.

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