Commerz bolsters Singapore FX
PEOPLE NEWS
SINGAPORE -- Commerzbank relocated its Tokyo G10 FX trading desk to Singapore at the end of October, officials at the bank in London told FX Week.
The move, which saw the relocation of three FX traders to the Lion City, brings together the bank’s G10 FX and emerging markets trading in Asia, said global head of spot FX, Martin Carr.
The move has not resulted in any job losses and the bank retains a sales force for FX in the Tokyo office, said Nozar Hussein, global head of strategic trading in
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