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Derivatives

WestLB Lands JPMorgan Honcho

WestLB has brought aboard Dennis Wan, head of China sales and head of fx sales for Asia ex-Japan at JPMorgan in Hong Kong.

WestLB has brought aboard Dennis Wan, head of China sales and head of fx sales for Asia ex-Japan at JPMorgan in Hong Kong. Wan joins in a new role as head of China sales for all asset classes, according to Stephen Withers, treasurer.

The hire is part of a recent buildup in sales and trading at the firm, which is increasing its focus on China (DW, 3/3). For example, Wen Shiau, previously in fixed-income sales at Credit Suisse, joined as Asian head of sales and structuring and branch head for Hong Kong (DW, 4/28). Wan reports to Wen.

Lisa Liang, spokeswoman at JPMorgan, said a replacement for Wan has yet to be determined, declining further comment.

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