Deutsche Bank has tweaked its Singapore credit trading staffing to bolster the operation because of demand for structured credit in the region. Sajid Javid has moved across to Singapore from London, where he was head of emerging markets structures, to take up the position of global head of credit trading. He is responsible for cash, credit, structured finance, convertibles and commodity derivatives.
Reportedly, two of the co-heads of integrated credit trading, Wai-Hong Luk andChetankumar Shah, have also taken new roles. Luk has been connected with a more proprietary trading role, while Shah is understood to be running structured credit finance. Exact titles could not be determined and neither Luk nor Javid could be reached by press time. Shah referred questions to spokesman Jason Collins who declined comment.
An official noted the firm may also make some hires, declining to elaborate further.
