Commerzbank Expands Singapore Foreign Exchange Trading Team

BANKS

Commerzbank is expanding its foreign exchange trading team in Singapore as part of an expansion plan aimed at centralising its trading in a limited number of global centres, officials say (FX Week, Oct. 18, 1993). Commerzbank's Singapore regional office covers customers in South East Asia, the Indian sub-continent and Australia and New Zealand.

Simon Winn, formerly with Union Bank of Switzerland's London branch, has been recruited to head the spot team and other hires are expected soon, sourc