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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.
HSBC has promoted Kee Joo Wong tohead of payments and cash management for Asia-Pacific. He replaces John Laurens, who took up the top transaction role at DBS.
Deutsche Bank has brought in a brace of new structured trade finance chiefs to run its Asia-Pacific business. The pair take over from Paul Gardner who left to join Westpac.
Citi has appointed Yigen Pei as head of Citi transaction services (CTS) for China. He will focus on mobile solutions, easing cross-border trade, and helping emerging Chinese MNCs