westlb-beefs-up-its-presence-in-hong-kong

WestLB beefs up its presence in Hong Kong

Germany's WestLB - which describes itself as a "speedboat not a supertanker" - adds three senior executives to its Asia-Pacific management team.
Germany's WestLB announced on Thursday May 18 the addition of three senior executives to its Asia-Pacific management team to further strengthen the bank's operations in the region.

Since transforming from a state-owned entity to a private enterprise after the abolition of state guarantees in Germany, WestLB has been restructuring its Asia businesses and growing them.

The Asia Pacific region is a very important part of WestLB's global footprint, says Robert Stein, a member of the managing board of WestLB. We are currently expanding our sales, trading and origination platform across Asia Pacific and we look forward to growing our business in Asia.

As part of the strategy, Neil Colverd...
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