×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

CLSA says to raise headcount by 50% by 2010

CLSA says to raise headcount by 50% by 2010
Comment E-mail Print Share
First Published: Mon, May 21 2007. 02 24 PM IST
Updated: Mon, May 21 2007. 02 24 PM IST
Reuters
Singapore: CLSA, an Asia-focused investment bank controlled by France’s Credit Agricole, said it would raise its headcount to 1,500 from 1,000 by 2010 on the back of expansion in China, India, Vietnam and Australia.
The Hong Kong-based bank serves institutional clients such as funds and companies by providing stock broking, investment banking, and asset management services.
It also runs private equity funds and hedge funds with more than $1.5 billion (Rs6,092 crore) in assets.
“Our main investment areas would be China, India, we’re looking at the possibility of doing something in Australia and also Vietnam,” CLSA Chief Executive Rob Morrison told Reuters in an interview on Monday.
Comment E-mail Print Share
First Published: Mon, May 21 2007. 02 24 PM IST
More Topics: Corporate News | Sector Spotlight |