ABN AMRO Bank has entered Hong Kong's crowded warrants market, making it the 13th issuer in the $46 billion market. The push began when it lured Heddy Tsang from SG at the start of the year.
SG is one of the top warrants issuers in Hong Kong, along with KBC, Macquarie Bank, Deutsche Bank and BNP Paribas. Tsang joined ABN AMRO as director and head of public distribution for private investor products. Her team has begun cranking out warrants and her goal is to account for 10% of all issued products in Hong Kong for 2005.
The warrants industry has become big business over the past...
