Credit Suisse concentrates Asia FX in Singapore

Singapore

Credit Suisse is relocating its Asian foreign exchange sales team from Hong Kong to Singapore, as it seeks to run the majority of its FX operations in one location in the region.

The number and identity of those moving to Singapore is unclear, but it is expected the transfer will take place as early as next month. Outside Singapore, where the bank intends to focus its FX efforts across sales, trading, structuring and research, it will also continue to employ an FX sales team in Tokyo to cover

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