DBS poaches Nomura capital markets head as new MD

eFC logo
DBS poaches Nomura capital markets head as new MD

DBS Asia Capital, the Singaporean firm’s capital markets arm in Hong Kong and China, has hired financial-sponsors veteran Lindsay Chu from Nomura as a managing director.

Chu, who joined DBS earlier this month, spent more than seven years at the Japanese bank, latterly as head of corporate finance and financial sponsors, Asia ex Japan investment banking, according to his LinkedIn profile.

The hire indicates DBS’s commitment to expanding its business in Greater China, despite some banks scaling back their growth plans in the region. Founded in 1986, DBS Asia Capital offers services including corporate finance, M&A advisory, and equity and debt fundraising.

Meanwhile, DBS’s private bank is also benefiting from an influx of private mainland wealth into Singapore.

Chu was with HSBC between 2008 and 2015, most recently as an MD and head of financial sponsors group, Asia Pacific. He started his career at Merrill Lynch in New York back in 1998, before moving to JP Morgan’s financial sponsors group in the same city about five years later.

Image: unsplash

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Related articles

Popular job sectors

Loading...

Search jobs

Search articles

Close