Standard Chartered bank to increase number of dealers in China
Standard Chartered Bank plans to increase the number of dealers in its Chinese operations to 130 from 80 in three to four years, to capitalize on the growth of bond and foreign exchange market in China, reported Reuters citing John Tan, China head of global markets at Standard Chartered.
Standard Chartered Bank, which focuses on Asia, Africa and the Middle East, is raising £1bn to take advantage of new business opportunities.