Macquarie hires head of Singapore client coverage

And the hiring in the Asian investment banking industry continues. Macquarie Group announced yesterday that it has hired Leong Yung Chee as head of Singapore client coverage for Macquarie Capital Advisers, its corporate advisory and equity underwriting arm. This is a new position and the second senior hire for Macquarie Capital Advisers this month, after it poached Gaurav Gupta from Nomura to head its India business.

Leong, who was most recently a senior origination banker at Credit Suisse in Singapore, joins Macquarie as a managing director. He will report to Kalpana Desai, deputy head of Asia for Macquarie Capital Advisers, who is herself a fairly recent addition to Macquarie, having joined the firm in...