StanChart reshuffles e-FX division in Singapore

The division is being run from Singapore, and will be headed by Todd McDonald. McDonald is a nine-year veteran of the bank and was most recently head of foreign exchange trading for the Americas, based in New York. He relocated to Singapore to take up the role and reports to Richard Leighton, global head of foreign exchange in London.

Meanwhile, his former role has been assumed by Keith Underwood, formerly the bank's head of FX trading for the UK and Europe. Underwood took up the post on July 1

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