HSBC wins Asian forex derivatives award

The magazine decided the global bank had best met the needs of its customers for forex derivatives, in a year of increasing competition as onshore markets continued to develop and new players entered -- or re-entered -- the market.

Paul Hand, HSBC's Hong Kong-based head of sales for the Asia-Pacific region, explained how the bank has attempted to boost its client business by selling more sophisticated products. "The key thing that we've been doing is generally a move towards ensuring that all