Alter's new role at Wachovia

The former head of regional trade finance at JPMorgan says Wachovia is building on its long history in Asia.

Bruce Alter is settling into his new role at Wachovia as a director and Asian branch marketing manager after leaving JPMorgan in early September. Alter ran JPMorgan's trade finance business in the region for just over three years before making the move.

He says he was attracted to Wachovia because of its niche expertise. Wachovia is always a name that comes up in trade finance conversations in the region, he says. It 's a bank that is very strong in certain products and services, particularly in providing insourcing, technology solutions and doing trade processing for bank clients in key Asian locations.

Wachovia keeps a low...

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