Standard Chartered Bank has appointed Paul Denslow as its newest Head of FX Sales for American operations in a bid to rekindle the group’s lackluster FX volumes amidst a period of historically tranquil volatilities.
Standard Chartered is one of the largest banking groups worldwide, with a sizable portion of its business coming in Asia, Africa, and the Middle East, headquartered in the UK. Like several other of its counterparts, Standard Chartered has been in the regulatory spotlight on the heels of a lingering string of probes into a global fixing scandal. In addition to the appointment of Mr. Denslow to the Head of FX Sales, Standard Chartered has also named Brian Jennings As Director of Global Corporate sales.
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Mr. Denslow joins Standard Chartered from HSBC where he worked in FX Sales and will be reporting to Kate Lam, the Head of Financial Market Sales. Alternatively, Mr. Jennings has cultured previous experience at UBS Securities and IBM. Both individuals are now to be based out of New York to help fortify Standard Chartered’s US business.