Barclays Capital continues Asian FX build-up initiative
The bank embarked on the initiative last year, spearheaded by Steven Weller, Singapore-based head of FX for Asia, which saw the creation of a dual-hub business model in the Lion City and Tokyo.
"The two-hub business model is now fully operational," Weller told FX Week. "As a result we have hired sales and trading staff in a number of important areas to support this growth."
Although unable to give figures, Weller said growth has been significant across the full range of client sectors, including
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