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Derivatives

Asia Equity Head Quits Deutsche Bank

Alan Lo, managing director and head of equity derivatives, Asia Pacific (ex-Japan) at Deutsche Bank in Hong Kong resigned last Monday. Reasons for the departure could not be determined. Lo declined all comment.

"He's a high profile equity derivatives marketer," said a trader at a rival European house, noting that Lo was well known in the market. "Lo has to be good to have reached that level," said a head of equity derivatives in Hong Kong. He added that Lo had worked at Morgan Stanley and NatWest prior to joining Deutsche Bank when NatWest's equity group was sold to the German bank in the mid-nineties.

Prakash Krishnan, spokesman at Deutsche Bank, did not return calls.

 

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