Dresdner Kleinwort Benson Expands FX Operation In New York & Singapore

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NEW YORK--Dresdner Kleinwort Benson (DrKB) is beefing up its Asian and North American FX operations, with a spate of new hires, according to officials.

In New York, the German bank has taken on a new proprietary trader, under the direction of new regional sales boss Richard Davies; and is looking to bolster its US sales desk.

The group has also hired two senior former Deutsche Bank employees in Singapore to run spot trading and FX sales.

Achilles Macris, global head of FX, local emerging marke