Clyde & Co saw seven partners leave its Hong Kong arm in April. Significantly, the departures were all former Barlow Lyde & Gilbert (BLG) partners that Clydes inherited following the two firms’ merger last year.
‘Our strategy in Hong Kong has been to focus on corporate insurance,’ said Peter Hasson, chief executive at Clydes. ‘The loss of our more generalist insurance team in Hong Kong is not an issue for us.’
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Clyde & Co’s Michael Payton has held the top job at the firm for 27 years and since 1997 has formed a formidable partnership with CEO Peter Hasson.
On the eve of the firm’s much-hyped union with Barlow Lyde & Gilbert, LB takes a closer look at this successful management duo.
Michael Payton has presence: there is no other word for it. As one of the longest-serving senior partners in the City, when he enters the room he instantly seems to take charge.
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