Innovation and fintech research and advisory firm Lightbulb Capital has announced the appointment of former HSBC Singapore Head of Global Markets Matthew Cannon as co-founder while law firm Clifford Chance has announced the promotion of 26 lawyers to partner level including six from Asia Pacific.
Former top HSBC exec joins Lightbulb Capital as new co-founder
Hong Kong and Singapore based innovation and fintech research and advisory firm Lightbulb Capital has announced the appointment of former HSBC Singapore Head of Global Markets Matthew Cannon as co-founder.
Cannon, who brings with him 30 years of banking and finance experience, will join the new role effective May 1, subject to regulatory approvals, an announcement said Friday.
“Lightbulb Capital was one of the first companies in Asia to seriously recognize the opportunities for small companies targeting the soft underbelly of financial institutions. If you know where banks make their money and target those areas, the product bundling, which has typically characterized financial services,falls to pieces,” said Cannon.
Lightbulb was founded in 2014 in Hong Kong and expanded to Singapore in 2016. The firm focuses on four areas of innovation in finance: Consulting and advisory, research and development of innovative investment strategies and financial products, innovation education and early stage investment in scalable, high growth companies.
London law firm Clifford Chance elects new partners including six from APAC
International law firm Clifford Chance has announced the promotion of 26 lawyers as partners including six from Asia Pacific including Singapore corporate and finance lawyers Satbir Walia and Thomas England.
Walia, who advises corporate and private equity clients on mergers and acquisitions, cross-border transactions and joint ventures, joined the law firm in 2008. She has advised National Australia Bank on the sale of its private wealth business in Singapore and has also been a part of ABN AMRO’s private banking operations sale.
Among other promotions in the region include Yong Bai (Beijing), Hong Zhang (Beijing), Bryan Koo (Hong Kong) and Hans Menski (Tokyo), an announcement on Thursday said.
“Each of them has established their credentials as a go-to advisor for clients by virtue of their well-recognised expertise and excellent client service skills. They share a strong international mindset – 80% of the group has already worked in more than one of our offices globally,” said Matthew Layton, Clifford Chance Global Managing Partner.