Brown Brothers Harriman expands in Asia

Brown Brothers Harriman announced  that it has opened a new FX desk in Hong Kong, offering access to a full array of 24-hour foreign exchange trading services in conjunction with New York, London and Tokyo locations. The Hong Kong desk is headed by Chris Gothard and Thomas Haimelin.

“This is an exciting time for foreign exchange in Asia,” said Andrew Tucker, a partner responsible for Asia and BBH’s global foreign exchange product. “Over the past three years BBH has seen a compound annual growth rate of 38% in customer volume in the region with 2010 showing a record 68% growth in FX volume. We felt the time was right to establish a new FX desk in Hong Kong to better service our growing local client base.”