De Lathauwer leaves Hong Kong

The Belgian-born banker, who has been an integral part of the firm's equities ramp-up in the region over the past five to six years, is to move into the derivatives field. His departure, which will coincide with his marriage later this summer, leaves Mark Machin and John Daly as the two remaining co-heads. Both report to Mike Ryan, the bank's Tokyo-based head, who has overseen the entire region including Australia and Japan since January 2000.