Goldman Sachs has promoted Stephen Wong to chairman of investment banking in Hong Kong, according to an internal memo seen by FinanceAsia on Wednesday, after the US investment bank landed a string of high-profile deals and further integrated its China teams.
Wong was previously Goldman Sachs's head of coverage for Hong Kong investment banking clients, a role he has held since 2011. In his newly created position he will continue to cover many of the US bank's most significant clients in the territory.
Wong's close connections with the Fung family helped Goldman Sachs land a role on OCBC’s $5 billion purchase of...