TD Lifts MBS Vet To Run NYC Structured Sales Effort

"Hong Kong used to be a great hub but as turnover is down so much it really doesn't make sense when you're making more money outside of Hong Kong."--Dustin Kuo, head of index arbitrage trading at Barclays Capital Asia in Hong Kong, on why Barclays plans to close its Hong Kong equity derivatives trading desk and centralize all Asian trading in Tokyo. For complete story, click here.