A British man charged with two counts of murder in Hong Kong has been remanded in custody.
Banker Rurik Jutting, 29, was arrested after the bodies of two women were found in an apartment in Hong Kong's Wan Chai district.
During his appearance he was remanded in custody and is due to return to court on 10 November.
Police placed him on a holding charge ahead of today's court appearance.
Officers arrived at the apartment early Saturday after receiving a call from the suspect, who until recently worked for Bank of America Merill Lynch.
They discovered the body of a woman, aged between 25 and 30, lying naked in the living room with knife wounds to her neck and backside.
Police also found a small amount of cocaine in the flat.
Assistant Commander Wan Siu-hung told reporters: "We believe the death was caused by a sharp object which cut the throat of the deceased.
"This led to copious bleeding. When the police found her, she was lying in the living room. The room was messy."
Eight hours later, at about noon on Saturday, police widened the forensic examination of the apartment and made the second discovery.
The body of the second woman was found wrapped in a blanket inside a brown suitcase on a balcony at the apartment.
She too had wounds to the neck, and it is believed the victim had been dead "for quite some time".
Police sources have told local media that the second victim is a 25-year-old who they believe worked in the sex industry.
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Gallery: Suitcase Murder: Briton Appears In Hong Kong Court
Rurik Jutting recently left his banking job. Pic: Facebook
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Police have been searching the flat where the women's bodies were found
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One of the bodies was found hiden in a suitcase on the balcony
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Assistant Commander Wan Siu-hung said both victims had injuries to the neck
A police spokesman added: "From what we can see it was intentionally hidden because it was put in a travel suitcase."
Both of the women are believed to be from Indonesia. One has been named locally as 25-year-old Sumarti Ningsih.
Mr Jutting studied history and law at Cambridge University.
He had worked for Merrill Lynch from 2010 until only a couple of days ago, spending three years at their offices in London before moving to Hong Kong in July last year. Prior to that he worked at Barclays in London.
The neighbourhood of Wan Chai is effectively Hong Kong's red light district. A large number of women from southeast Asia spend time in the district's many bars and clubs.
A Foreign Office spokesman confirmed a British national had been arrested in Hong Kong, although did not specify the nature of the crime.
"We are in touch with the local police and stand ready to provide consular assistance," she said.
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