SBC Bolsters Asia-Pacific Forex Presence With New Moves In Singapore And Sydney

BANKS

Swiss Bank Corporation (SBC) is bolstering its presence in the Asia-Pacific region, officials say. The bank plans an early May move to a trading room in Singapore that is twice the size of its current operation and in Sydney, SBC last week launched a fully-guaranteed foreign exchange trading subsidiary, SBC (Sydney) Ltd.

As part of its decentralised approach to global trading, SBC transferred Pedro Garcia to its Singapore branch as the FX and Stir (short-term interest rate) business manager

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