CLSA Loses More Top Leaders as COO, Trading Head Quit

  • Latest departures follow resignation by CEO Jonathan Slone
  • Tensions have increased between old guard and Chinese owner
Photographer: Anthony Kwan/Bloomberg
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The culture clash between CLSA Ltd.’s old guard and its Chinese owner may have reached a tipping point.

At least four of the Hong Kong brokerage’s senior managers are following Chief Executive Officer Jonathan Slone out the door amid mounting tensions with Citic Securities Co., which bought CLSA in 2013, people with knowledge of the matter said.