Standard Chartered has hired Kua Wei Jin, an interest-rate derivatives trader at Barclays Capital in Singapore, according to Mike Bass, head of interest-rate derivatives in Singapore. Bass declined further comment. Jin was hired as a replacement after two traders quit for ABN AMRO and Citibank (DW, 6/25), according to an official close to the firm. Kua, who is expected to start July 16, could not be reached.
At Barclays Jin reported to James Loh, vice chairman, head of trading-Asia-Pacific in the Singapore office. Loh did not return calls and a spokeswoman declined to comment.