Several brokers in Hong Kong have announced key hires, in another sign that the domestic investment banking scene is reviving as markets pick up. ING Barings is bringing on board Markus Rosgen as head of Asian Equity Strategy in the middle of next month, a role that includes deciding Barings' asset allocations across the region. Mr Rosgen performed a similar function at Morgan Stanley Dean Witter, where he has been since 1994. The Dutch bank will also hire two new members to its Hong Kong institutional sales team, as well as one additional sales person each in the Singapore and Taiwan offices. 'ING Barings continues to win market share in Asia,' head of equity markets Eugene Marais said. HSBC will take on John Hetherington from Paribas Capital Markets to direct Hong Kong research, reporting to Greater China research chief C.Y. Ho. HSBC recently said it would beef up its research and investment banking facilities as part of a strategy to become one of the region's top investment banks. It has added 27 new staff members to its securities business since last month, while 11 staffers have left over the same period. Meanwhile, Merrill Lynch announced the appointment of David Williams as head of its Asia-Pacific Internet investment banking group. Prior to joining Merrill Lynch, Mr Williams focused on Internet companies as part of Salomon Smith Barney's Global Telecom/Media Corporate Finance team. Mr Williams said his main reason for joining Merrill Lynch was that it was setting up a dedicated Internet team on the investment banking side.