JP Morgan's New Singapore Dealing Room Is Among Largest In Asia-Pacific Region

BANKS

In a measure of its confidence in the Far East, investment bank JP Morgan has built a trading room in Singapore that is arguably the largest in the city-state and among the biggest in the region, officials say. The room began trading late last year with 120 treasury sales and trading positions and has room to expand by an additional third.

Including the 120 front-office positions at its existing headquarters in the DBS Building at 6 Shenton Way, the Singapore office now has 320 staff members, up

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