rabobank-expands-its-securities-finance-business-in-asia

Rabobank expands its securities finance business in Asia

The Dutch bank poaches Christopher Johnson from HSBC to lead the new team.
Rabobank International is expanding its securities finance business in Asia by hiring experienced banker Christopher Johnson from HSBC, where he was most recently head of Asia equity finance. Taking up a role as head of securities finance for Asia at Rabobank, Johnson will help the Dutch bank build a team in the region.

Johnson, who assumed his new position in March, is based in Hong Kong and responsible for handling the bankÆs clients throughout Asia.

ôI am delighted to welcome Christopher on board. He brings a wealth of experience in Asian financing business which is an area that Rabobank aims to expand aggressively over the coming years,ö says Donal Gavin, head of global financial markets for the Asian region at Rabobank.

Johnson managed a team of five traders covering Asian, European and US markets as head of the Asia equity finance team at HSBC. He built trading platforms for various products including swaps, contracts for difference (CFDs) and custom-built financing solutions.

Prior to that, he was head of Asian equity finance at the Hong Kong office of HSBC Securities Asia, and a product manager of the European equity finance department at the London office of HSBC Investment Bank.

Rabobank projects that the securities finance business will continue to flourish in the region as Asian exchange markets are experiencing substantial growth and investors are showing insatiable appetite to invest in the region.

Taking advantage of its strong franchise in Europe, the bank has pledged to build up a strong securities finance arm in Asia by delivering tailor-made financing solutions, providing customers with price-competitive products, growing balances and delivering assets in the region on the back of its strong balance sheet and competent credit rating.
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