HSBC announced the appointment of Woei Kuen Yeo as Head of Commodities and Structured Trade Finance (CSTF), Singapore.
In this role, Woei Kuen will be in charge of articulating the CSTF strategy in Singapore, while working closely across several HSBC businesses including Banking, Commercial Banking and Risk.
Simon Constantinides, Regional Head of Global Trade and Receivables Finance (GTRF), Asia Pacific, commented: “We’re delighted to welcome Woei Kuen to our team. As the world’s largest trade finance bank, we are committed to helping our clients connect to opportunities across the globe. Woei Kuen brings a wealth of trade and commodity experience to this role and will be instrumental in supporting our regional CSTF strategy.”
Woei Kuen will also act as Co-Head of GTRF Singapore, together with Joseph Arena who is Head of Trade, Singapore.
Woei Kuen has 20 years of experience in Asia Pacific in leading institutions such as Standard Chartered, UOB, Rabobank and Fortis. Prior to joining HSBC, Woei Kuen was Head of Global Commodities Finance, Asia, at Credit Agricole.
Does anybody remember enron?
By MARCY GORDON, AP Business Writer Marcy Gordon, Ap Business Writer â 1 hr 47 mins ago
WASHINGTON â A key federal regulator said Tuesday his agency must "seriously consider" imposing stringent limits on speculative trading of energy futures contracts, a move that would mark a major shift for the government.
Gary Gensler, chairman of the Commodity Futures Trading Commission, made the assertion as the agency prepared to hear from consumers, businesses, traders and big financial firms. The Chicago Mercantile Exchange expressed willingness itself to set new limits on energy trading but insisted that it, not the government, was the proper authority to do so
GOP wants to insure your high gas prices
CFTC Charges Oil Traders For âPukingâ On Market
The U.S. Commodity Futures Trading Commission, the nationâs regulator of oil and other futures markets, has charged crude oil speculators for artificially driving up the price of oil during 2008, when oil reached a record $147 a barrel on a speculative bubble that helped crash the global economy. James Dyer and Nicholas Wildgoose, former BP traders who were working for oil trading house Arcadia/Parnon, were charged for a scheme to hoard oil, make a âshitload of money,â and then dump it in an âinevitable puking,â according to emails acquired by the CFTC