HSBC Boosts H.K. Dealing Presence And Starts Emerging Markets Push
BANKS
HSBC Markets has doubled its foreign exchange trading and sales staff in Hong Kong in less than a year and has begun a push into the emerging markets side of the business, particularly the Asian regional currencies, according to recently-appointed FX manager Mike Hillier.
Over the past !en months, Hillier says headcount in the forex unit has grown from 65 to about 130 people, split evenly between trading and sales. For the time being, the room is likely to stay at this level, although the bank is
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