LOOSE CHANGE
LOOSE CHANGE
Salomon Brothers Asia-Pacific chairman William Philips says the U.S. investment bank remains committed to Singapore and the region despite a spate of senior-level resignations and intends to beef up trading staff. In Singapore, director Phil Kemp transferred to New York after only nine months as head of a fledgling investment banking unit. Local press reports claim staff numbers in Salomon's Singapore have fallen from 36 to 22. In 1993 Salomon switched its principal regional FX operations to
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