Bierbaum Consolidates In Singapore Creating 'First Global Desk' In Asia
BROKERS
Martin Bierbaum officially consolidated its Asia-Pacific spot brokerage desks in Singapore on June 1. The move makes Bierbaum's desk the "first global desk in Asia," according to Denis Cheung, regional director for the group in Hong Kong.
Bierbaum's Hong Kong and Tokyo foreign exchange spot desks have been closed and relocated to Singapore. The Hong Kong and Tokyo offices are not closing, however, as they will continue to cover money- market products ranging from forwards to deposits and off
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