How big are BNP's Asian operations
Asia is the largest footprint outside Europe. It's bigger than both Japan and the US. Taking just the credit markets which I oversee, we've got close to 50 people in primary and secondary markets, distribution and research. Most are based here in Hong Kong, but we've also got a team in Singapore and Sydney and to a lesser extent one or two other regional centres.
In January this year we structurally re-organized our secondary market risk activities. We not only combined our Asian and Japanese trading operations, but also all forms of flow credit products into one business unit. In many cases, a...
