Dresdner returns to Japan

Singapore-based FX marketer Hisashi Kasai has transferred to Tokyo to manage sales to Japanese institutions, in a reversal of the bank’s 2001 move that shifted Japanese FX sales from Tokyo to Singapore.

A spokesperson in Tokyo said that move had been part of a strategy to centralise the bank’s FX business in one location. But recently, increased demand for FX-related services from Japanese clients of divisions such as the bank’s corporate and pension sales teams has prompted Dresdner to resu