Saxo Bank to open rep office in Beijing

NEWS

The new office will be managed by Kevin Ashby, chief executive of Saxo Capital Markets in Singapore, and manned by a team of two locally.

"We already have premises outlined, so we are hoping to get that organised within the next 30–60 days," Robin Patel, executive director of business development at Saxo Bank in Copenhagen, told FX Week.

The bank received a licence to open a rep office by the China Banking Regulatory Commission on February 6.

Patel said Saxo will look to partner with Chinese

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