Sudwestdeutsche Opens In Singapore Under Newly-Hired Treasury Head
BANKS
Sudwestdeutsche Landesbank is opening a treasury operation in Singapore, which should be fully-operational in the next two months, says newly-recruited treasury manager Karl Broecker.
The operation, located in the year-old German Centre, will be rather small, about six dealers in total, says Broecker. Sudwest owns 50 per cent of the German Centre, which houses 70 to 80 German companies, and is the only bank located on the premises, says Broecker.
The core treasury products will be foreign exchange
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