HONG KONG, Nov. 2, 2016 /PRNewswire/ -- Charles Schwab, Hong Kong, Ltd. announced today that Michael Fong has been named Managing Director for Charles Schwab, Hong Kong, Ltd. Michael will oversee the development and growth of the company's overall business in Hong Kong. He will also take a leading role in broadening Charles Schwab's wider Asian client base to help improve the financial wellbeing of more people by expanding access to low-cost, high-quality and transparent money management and investment advice. Michael will report to Lisa Hunt, Executive Vice President, International Services and Special Business Development.
"We are delighted to have Michael join our team in Hong Kong," said Lisa Hunt. "His depth of financial and brokerage experience both here and internationally will help to drive strong results for our clients and our business in the region. We opened our first Hong Kong office even before we had a branch in New York City and this region continues to be incredibly important for us and our international growth strategy."
With more than 20 years' financial services industry experience, Michael brings with him extensive experience in the region across multiple capabilities including sales and service, business operations and client experience. Before joining Charles Schwab, he spent nine years with Fidelity International in Hong Kong, with his most recent role being Head of Personal Investing & Retail Operations, Asia ex. Japan. Prior to this, he held leading roles in retail businesses with E*TRADE Financial, CITIC Ka Wah Bank and TD Bank Financial Group.
About Charles Schwab Hong Kong
Charles Schwab, Hong Kong, Ltd., is an affiliate of Charles Schwab & Co., Inc. and is registered with the Securities & Futures Commission ("SFC") to carry out the regulated activities in dealing in securities and advising on securities under CE number ADV256. The company currently provides services via its Hong Kong office, its telephone system (+852 2101-0511) and web site (www.schwab.com.hk).
About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients' goals with passion and integrity.
More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube, and LinkedIn.
Disclosures
Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.
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| Jennifer Tsui |
John Dai |
| Tel: (852) 2837 4747 |
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| Email: jennifer.tsui@edelman.com |
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