People: Ex-HSBC exec joins Lightbulb Capital; Clifford Chance names 6 partners in APAC

Singapore city view. Photo: Bloomberg

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.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.