Paribas Expands Forex Dealing After Singapore Office Move

BANKS

Banque Paribas is beefing up its presence in foreign exchange in Singapore, following its move last month into prestigious office space in the United Overseas Bank Plaza at Raffles Place, according to Evrard Didier, managing director of its offshore branch and merchant bank Paribas South Asia Ltd.

Didier says Paribas' local trading room will soon be expanded into a fully-fledged treasury and securities operation, including a strong presence in FX, with up to 70 dealing positions. Staff strength

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