ING Bank Strengthens Debt Syndicate Team with Winston Tay Hire

ING Bank has made a new senior hire, strengthening its Asian debt syndicate team with the addition of Winston Tay, who joins the group with immediate effect, according to a Reuters report.

His new role at ING will be as Head of Asian debt syndicate – in this capacity he will work out of Singapore, where he is responsible for all Asia and Australia. He will be reporting to both Ricardo Zemella, ING’s Head of debt capital markets (DCM) and syndicate for Asia, and Eden Riche, the bank’s Head of high Yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a Read this Term and emerging market (EM) syndicate.

Mr. Tay joins ING from RHB Banking Group, having worked as its Head of Asia Debt Syndicate & Credit Distribution for over a year. Additionally, he has held senior level roles at RBS as its Head of South East Asia Debt Syndicate and ANZ in a similar role, among others, according to information made public on his Linkedin profile.