Ogilvy-Stuart is NASDAQs new Asia-Pacific head
The Nasdaq stock market has hired James Ogilvy-Stuart as its Asia-Pacific head.
According to an official release issued today, Ogilvy-Stuart will be based in Hong Kong and be responsible for NASDAQs new listings business throughout the Asia-Pacific region. Ogilvy-Stuart takes up his position on July 3, 2006.
Ogilvy-Stuart joins NASDAQ after 17 years at Bloomberg, where latterly he was the regional sales manager for North Asia-Pacific. Until recently, he oversaw all sales operations for Hong Kong, China, Korea, Thailand and the Philippines. He established and managed Bloombergs Asia Pacific Advisory Board and was responsible for the companys regional senior relationships with local government and regulatory bodies.
More: business-standard.com
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Novell says head of Asia-Pacific business resigns
Software company Novell (NOVL.O: Quote, Profile, Research) on Thursday said William Hewitt has resigned his position as president of Novell Asia-Pacific for personal reasons.
The company said his duties will be temporarily assumed by Rhonda ODonnell, the former president of Novell Asia-Pacific who currently serves as non-executive chair for Novell Asia-Pacific.
Hewitt was appointed to the position in March 2006.
More : today.reuters.com
Morgan Stanley replaces key Asia executive
Morgan Stanley has replaced Michael Berchtold, head of Asia investment banking, with one of his lieutenants in a further shake-up at the top of its regional operations.
The Wall Street firm said on Tuesday that Mr Berchtold, one of the regions most experienced dealmakers, would leave his role as Asia-Pacific president and head of investment banking after seven years.
Mr Berchtold, 42, will be succeeded by Matthew Ginsburg, a close ally who is the current head of Morgan Stanleys financial services group in Asia, at the end of the year. Mr Berchtolds departure to Los Angeles
Head to Asia but don't overlook ASEAN, PM Lee urges French businessmen
PARIS : Singapore Prime Minister Lee Hsien Loong has urged government and business leaders in Paris to head east and have a stake in Asia's promise and prosperity.
But he added that there were other options outside China and India, like ASEAN.
Mr Lee also met French President Jacques Chirac.
The two leaders discussed anti-terrorism efforts in Asia and Europe, and cooperation between the two countries.
Both of them expressed the desire to deepen ties.
Other issues on the agenda were efforts by ASEAN countries to enhance investor confidence
Mack reshuffles Morgan Stanley in Asia
John Mack, Morgan Stanley's chief executive, has moved to exert his influence in Asia by naming Hans Schuettler, a senior Europe-based banker, to the top of the firm's operations in the fast-growing region.
Mr Schuettler, Morgan Stanley's co-head of European investment banking, will replace Alasdair Morrison, a veteran Hong Kong-based businessman, as chief executive for Asia.
Mr Morrison, who had been chief executive and chairman since 2002, will retain the latter's role and represent Asia on Morgan Stanley's powerful management committee.
Franck Petitgas, Mr Schuettler's co-head, will become sole head of investment banking in Europe, according to an
As UK RMBS Mkt Grows, Issuers Head East
SINGAPORE (Dow Jones)--U.K. issuers of residential mortgage-backed securities are increasingly heading east to tap a new pool of investors.
As the volume and diversity of deals grow, issuers are casting their thoughts to the future and laying the groundwork to grow their investor base - thus far largely European and U.S. - in Asia.
"We have not set a specific level, but we're looking to increase the business volume from the Asian market," said David Johnson, director of securitization at U.K. mortgage lender Northern Rock PLC (NRK.LN).
In 17 RMBS issues since
