Standard Chartered Appoints Four Senior Traders to Global Markets, Americas
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New York, February 17, 2009
Standard Chartered Bank today announced the appointments of four senior traders to its Global Markets, Americas team. They will report to Mohammed Grimeh, who became Head of Trading and Deputy Head of Global Markets, Americas, in January 2009. They will all be based in New York City.
“We are delighted to be able to add this high caliber talent to our trading operation. Our clients are increasingly seeking our help in accessing liquidity, and we see escalating capital flows between the Americas and our footprint markets of Asia, Africa and the Middle East. We view this time as an important opportunity to build our trading business in the Americas,” said Mr. Grimeh.
Felipe De Freitas will become head trader in charge of Latin American (“Latam”) foreign exchange options. He has more than nine years of experience in trading Latam options and was formerly with Credit Suisse, Deutsche Bank and Banco Santander. He holds a bachelor’s degree from Escola Politecnica da Universidade de Sao Paolo.
Aloisio Teles will become co-head of Latin American rates, with a focus on Brazil. He has more than 12 years of experience in this area, most recently at SAC Capital Advisors. He also was with Lehman Brothers and Banco Santander. He holds a CFA charter and an MBA from Getulio Vargas Foundation, as well as a bachelor’s degree from Federal University of Espirito Santo-UFES, both in Brazil.
Alfredo Alarcon will become co-head of Latin American rates, with a focus on Mexico. He has 10 years of experience in this area, including recent positions at Credit Suisse and Deutsche Bank Securities. He holds a bachelor’s degree from the Universidad de Monterrey.
John Munley, Jr. will be a senior trader of G10 currencies. With 20 years of experience in currency trading, he was most recently a Senior Vice President with the Royal Bank of Scotland.
Mohammed Grimeh is responsible for managing foreign exchange, interest rate, credit, and commodities trading across G10 and emerging markets for the Americas
Standard Chartered Bank operates in 11 markets in the Americas region, including the U.S., Canada, Mexico, the Caribbean, and, in Latin America, Argentina, Brazil, Chile, Colombia, Peru, Uruguay and Venezuela.--ENDS--
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About Standard Chartered
Standard Chartered PLC, listed on both London and Hong Kong stock exchanges, ranks among the top 25 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last five years primarily as a result of organic growth.
Standard Chartered aspires to be the best international bank for its customers across its markets. The Group earns around 90 per cent of its income and profits in Asia, Africa and the Middle East, from its Wholesale and Consumer Banking businesses. The Group has over 1600 branches and outlets located in over 70 countries. The extraordinary growth of its markets and businesses creates exciting and challenging international career opportunities.
Leading by example to be the right partner for its stakeholders, the Group is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. It employs around 70,000 people, nearly half of whom are women. The Group's employees are of 125 nationalities, of which about 70 are represented in the senior management.
About Standard Chartered, Americas
Standard Chartered Bank operates in 11 markets in the Americas region, including the U.S., Canada, Mexico, the Caribbean, and, in Latin America, Argentina, Brazil, Chile, Colombia, Peru, Uruguay and Venezuela.
Standard Chartered has both a Wholesale Bank and a Private Bank in the Americas. The Wholesale Bank provides financial products and services to corporations, financial institutions and development organizations in the Americas. Key products include trade finance services, cash management, treasury, foreign exchange and interest rate products, commodity finance, and structured import and export finance services. Its primary function is to facilitate trade and investment flows between the Americas and the Group’s core geographies of Asia, Africa and the Middle East. The Standard Chartered Private Bank in Miami services clients based primarily in Latin America. It maintains an advisory center in Miami and client offices in Uruguay and Chile.
For more information, please visit: www.standardchartered.com.