Several senior bankers in Standard Chartered’s transaction banking division have shifted positions, including George Nast, newly global head of sales & client management.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
With two new hires in place in Singapore, global coordination, Citi ramped up its treasury advisory team in a market where competitors have struggled for business.
