People Digest: Credit Suisse loses HK investment bankers; Clifford Chance names new partner

A pedestrian and a tram pass the front of Credit Suisse Group AG's headquarters in Zurich, Switzerland, on Thursday, Oct. 23, 2014. Credit Suisse, Switzerland's second-biggest bank, said it had a "mixed" start to this quarter after a rebound in trading helped lift earnings in the three months through September. Photographer: Gianluca Colla/Bloomberg

Credit Suisse has lost at least four investment bankers in Hong Kong, while international law firm Clifford Chance has appointed Liyong Xing as a partner.

Credit Suisse loses Hong Kong investment bankers

Credit Suisse has lost at least four investment bankers in Hong Kong, per a report by finews.asia on Friday. The departures were from various divisions including TMT (tech, media, and telecom), M&A, and FIG (financial institutions group).

Most recently, Sunil Dhupelia, Credit Suisse’s co-head of enterprise content management (ECM) and head of equity syndicate for Asia Pacific, departed to join JPMorgan as its Asia ex-Japan co-head of ECM, according to a report by Bloomberg.

Credit Suisse had earlier named Min Huang to lead its asset management business in the Asia-Pacific.

Clifford Chance announces new partner

International law firm Clifford Chance has appointed Liyong Xing as a partner to continue the growth of its client offering in Asia Pacific, according to an announcement.

In this role, Xing will join the firm’s Global Funds and Investment Management team. She brings significant experience advising global and Asian fund sponsors on the structuring, formation and governance of private investment funds across a variety of strategies, including venture capital, growth capital, buyout, real estate, infrastructure, secondaries and co-investment.

Liyong joins from Kirkland & Ellis where she was a partner.

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