Month: August 2007

Lehman Appoints Sun to Head Credit Product Sales Asia

Lehman Brothers has appointed George Sun as managing director and head of global credit products sales, Asia ex-Japan. He reports locally to Kirk Sweeney, co-head of fixed income sales, Asia, and globally to Christian Wait, global head of high grade and structured credit sales. Based in Singapore, Sun will be responsible for the distribution of all […]

Up To $250 Million Disappears From Philippine FX Firm

The Singaporean owner of a foreign exchange investment company in the Philippines has reportedly absconded with up to $250 million of the firm’s assets. News of the scandal at Performance Investment Products Corp (PIPC) was reported by the Philippine Daily Inquirer. A general manager at PIPC is said to have alerted Philippine authorities and investors to […]