JP Morgan And Salomon Expand FX In Asia As Kidder, Peabody Makes Singapore Debut


U.S. investment bank JP Morgan is planning a major expansion of foreign exchange operations in Singapore with the recruitment by the end of this year of another 50 traders, according to JP Morgan chairman and chief executive Dennis Weatherstone.

A year ago Morgan closed the forex trading operation of its Morgan Guaranty Trust Co. unit in Hong Kong and relocated it to Singapore (FX Week, Feb. 22, 1993). In January Morgan shifted some Aussie dollar and New Zealand dollar market-making to Singapore

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: