Trading places - January 2006
REVIEW OF THE YEAR
Banks in China push
Standard Chartered and Barclays Capital built out FX trading capabilities in China with key hires in the country.
Fu Qing joined StanChart to head FX trading in Shanghai from ABN Amro, where he served as assistant vice-president, FX trading.
Meanwhile, BarCap said it was launching an FX trading business in Shanghai after receiving a branch licence at the end of December.
The G-7 forex trading business would deliver liquidity in G-7 currencies to mainland Chinese banks
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