Lee builds out DBS’s Asian debt ambitions

By Rev Hui
25 Feb 2016

The Asian debt capital market did not have an easy 2015 with numerous macro and political headwinds causing a fall in new issuance. While jittery conditions are here to stay, Clifford Lee, head of fixed income for DBS, told GlobalCapital Asia that his business is well positioned to combat the volatility.

aA turbulent year would best describe the Asian debt market in 2015 with China’s property crash, the devaluation of the renminbi and the overhang of a US interest rate rise — to name just a few — contributing to a decline in primary volumes.

Unsurprisingly, many banks found ...

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