Singapore
UK and Singapore set up RMB private sector working group
Offshore RMB development to be hot-housed by UK and Singapore forum
Traiana opens Singapore office
New office comes in addition to sales offices in Tokyo and Hong Kong as the vendor looks to ramp up its presence in Asia
StanChart creates global RMB trading team
New team headed by Charles Feng seeks to tackle time zone challenges by having renminbi traders located across geographies
SGX hires KC Lam ahead of FX futures launch
Former CME Group sales head joins the Singapore Exchange as it looks to expand its offering into FX futures
Asia Fic trading head exits Commerzbank
Paul Durrant, head of fixed-income trading for Asia, has left the German bank in Singapore
Inconsistency on FX among Asia CCPs worries banks
Indian authorities appear likely to mandate clearing of FX forwards while China is looking at clearing spot, leading to concerns over the potential for cross-border inconsistency on FX clearing
VTB Capital hires Tripathi to head FX derivatives
Experienced FX options trader, most recently at UBS in Singapore, has joined the Russian bank to run its FX derivatives business
MAS overhauls benchmarking practices
Twenty banks found to have deficient procedures in place after a year-long review of benchmark submissions
StanChart expands e-FX experience into credit and rates
Following a reorganisation of its electronic trading business at the start of 2013, Standard Chartered’s Chris Knight now has responsibility for e-commerce in the eastern hemisphere across three asset classes. He talks to Joel Clark about what credit and…
Ex-RBS Asia strategist moves to the buy side
Woon Khien Chia left RBS in late January and will join Singapore-based hedge fund JL Capital in May
Ex-Goldman Sachs salesperson joins Jefferies in Singapore
Stephane Targui has joined the US bank in Singapore, taking up a senior sales position in the region
MAS warns on fragmented clearing and reporting
Asian financial markets have made progress in setting up CCPs and trade repositories, but greater harmonisation is needed across borders, Singaporean regulator warns
Singapore eyes regional hub status for offshore RMB
Addressing ACI Congress delegates, deputy prime minister and chairman of the Monetary Authority of Singapore talks up Singapore’s ability to facilitate the growth of renminbi trading outside China
SNB to open Singapore branch to support FX activity
Swiss central bank has diversified its reserves into a number of Asian currencies in recent years and will open an office in Singapore by mid-year
Credit Suisse concentrates Asia FX in Singapore
The Swiss bank is seeking to focus its FX business for the region in one location, except for small teams in Tokyo and Hong Kong
HSBC cleans up in emerging Asia and Emea
A strategic coverage in key emerging markets, coupled with its ongoing focus on onshore and offshore renminbi trading, has landed HSBC with a string of awards this year, including both emerging Asia and Emea
Banks face up to fragmented clearing landscape in Asia
In preparing for mandatory clearing, the priority is to ensure all CCPs across Asia adhere to the same set of standards, says Deutsche's David Lynne
BAML appoints Deutsche veteran to head Asia global markets
Loh Boon Chye, formerly head of corporate and investment banking for Deutsche Bank Asia-Pacific, is to join Bank of America Merrill Lynch
StanChart options duo joins ANZ
Two senior forex options traders that left Standard Chartered in July have joined ANZ in Singapore and New York
Four down in FX at Credit Suisse
Credit Suisse has this month seen four director-level departures in FX sales and trading in Singapore, London and New York
BNP Paribas former forex options head joins StanChart
Standard Chartered has appointed a 17-year veteran of BNP Paribas as head of FX options for Asia
FX spot volumes in decline, survey results reveal
Average trading volumes in the spot market fell across all major FX centres in April, according to turnover survey results
DTCC expands repository footprint into Asia
The DTCC this week unveiled a data centre in Asia to support global reporting but the October launch of its FX repository may slip as a result of CFTC delays, the firm has warned
Oanda promotes Asia head to CEO
K Duker, head of Oanda's Asia-Pacific division, is to relocate to Toronto to succeed Michael Stumm as chief executive