FX Week

Royal Bank Of Scotland Plans New Asian Hires With Emphasis On Singapore As Regional Base

BANKS

Royal Bank of Scotland (RBS) plans to increase its treasury dealing staff in Asia by 10 to 15 in the next year as well as adding personnel in New York, where RBS moves into new premises in February, says Tim Goode, the bank's treasury and capital markets director.

In the Far East RBS already has 25 dealing positions between Hong Kong and Singapore. The majority of the growth will be in Singapore, Goode says, but RBS is not "de-emphasising" Hong Kong in any way rather building Singapore up as

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